Barclays

Barclays has named Mike Bagguley, its former head of macro, as the chief operating officer of its investment bank.

AP Moeller-Maersk, the Danish shipping conglomerate, has raised its first benchmark euro bond since issuing a profit warning in October, a €600m seven year trade.

Hiscox secured strong demand for its £250m 30 year non-call 10 tier two notes on Tuesday as sterling investors showed no signs of fatigue despite a recent spate of subordinated issuance from British insurers.

Asia’s debt market saw a busy Tuesday with a trio of issuers, SP PowerAssets, Stats ChipPac and TUS Holdings, venturing out for dollars.

Bank of Jinzhou Co commenced investor education on Tuesday for its $600m IPO in Hong Kong, having appointed five banks as joint global co-ordinators.

Nomura has hired three managing directors within its emerging markets business — two from Barclays and one from Jefferies.

US corporate bond issuance in Europe - so-called reverse Yankee bonds - has steadily regained strength this autumn and could be followed by issuers from elsewhere in the world selling euro bonds.

Veritas Technologies, the Californian data storage company, has increased its high yield bond issue to make up for a disappointing loan financing. But initial price talk has yet to emerge.

Alfa Bank has mandated three banks for a senior dollar bond — only the second Russian financial institution bond this year — as the CEEMEA bond markets held stable after the terrorist attacks in Paris over the weekend.

Allied Irish Banks (AIB) could be ready to give investors a rare taste of periphery bank capital soon, but evidence of investor appetite for higher beta paper was mixed this week.

BMW returned to the bond market on Tuesday, November 10, with a €1.25bn deal, its first issue since the Volkswagen emissions scandal made investors reassess their attitude to the car industry.

National Australia Bank printed a €750m seven year covered bond on Monday. But the deal didn’t fly off the shelf, even though it offered a substantial premium to other Australian covered bonds. The lack of European Central Bank repo eligibility and slackening demand in the seven year area was blamed.