Citi

Honeywell International has hired four banks to arrange its return to the European bond markets after a 15 year absence.

Trading in Saipem, the Italian oil and gas engineering company, had to be suspended on Monday, the first day of the firm’s €3.5bn rights issue, due to heightened volatility in the stock.

The Nordic Investment Bank added to a busy week in sterling on Friday by printing a £200m March 2019 bond.

Litigation and settlement costs are still defining the fortunes of the US banks, but this year, it is Goldman’s turn to suffer, while the other Wall Street firms bounce back.

Emerging market bankers are saying that greater scrutiny may now need to be paid to the ratings calendar when printing bonds after Standard & Poor’s downgrade of Poland on Friday prompted one of the worst sell-offs of an EM new issue in recent memory.

Veritas Technologies, the US software firm that Carlyle Group is buying from Symantec, will aim to complete a revised $7.4bn sale next week after failing to secure financing in November.

KEB Hana Bank battled choppy markets with its first international outing after its merger. As volatility heightened during bookbuilding, the lender opted to scale back the size of the deal in exchange for tighter pricing.

Citi’s Asia Pacific franchise posted a solid set of numbers in 2015, which regional CEO Francisco Aristeguieta is keen to continue in a volatile 2016, according to an internal memo seen by GlobalCapital Asia.

India's Quick Heal Technologies wrapped up investor meetings for its $70m-$80m IPO last week and plans to open books in mid-February, according to sources.

Lower litigation costs helped Bank of America's wholesale business in the fourth quarter last year, but profits took a hit as the bank built its reserves against losses on its energy lending.

Equity capital market bankers are finding it hard to feel optimistic about this quarter. By close last night, European stocks had already fallen 8.8% so far this year, and few deals had been launched.

Tata Steel's $1.5bn refinancing has been launched into general syndication after a senior phase that began in early December.