Barclays

FMS-Wertmanagement has tapped a sterling bond for £250m with an oversubscribed book as European and Japanese equity price gains spurred investor confidence.

Barclays has made Sushir Lohia head of global finance and risk solutions (GFRS) for Asia Pacific, according to an internal memo seen by GlobalCapital Asia.

The University of Leeds kept the UK higher education sector’s run of activity in capital markets this year going at a healthy pace on Friday, as it grabbed a window of stability to print its debut bond.

The UK Debt Management Office has mandated banks for the sale of a Gilt set for the week beginning February 22.

Countryside Properties traded up 4.4% in London on Friday, after completing an initial public offering that valued it at just over £1bn. Bookrunners said its business regenerating public sector land was what won investors over.

Supranational and agency borrowers showed their steel once again this week, printing a series of euro deals in the face of strong volatility.

Jes Staley, the new chief executive of Barclays, has brought JP Morgan's Paul Compton over to the firm as chief operating officer.

Despite the flimsy state of Europe's high yield market, its sister leveraged loan business remains vibrant, and this year is the most open of the four main leveraged finance markets: bonds and loans in dollars and euros, writes Max Bower.

Royal Dutch Shell has cancelled its £10.07bn ($14.56bn) bridge loan, instead opting to pay for the cash element of its $82bn acquisition of BG Group with cash on balance sheet.

Barclays has promoted Jim Glascott, global head of debt capital markets, to chairman of global finance and risk solutions Americas. Following the appointment, Mark Lewellen, EMEA DCM head, will have a bigger, global job.

Bpifrance Financement sold a five year €500m bond on Wednesday as a moderate rise in Bund yields suggested calm after a turbulent open to the week.

Rich Ricci, the former chief executive of Barclays investment bank, has joined freemarketFX, a startup FX business, as chairman.