People & Markets - All Articles

  • GB Principles circle closer to green definition

    Two new working groups of the Green Bond Principles will begin work next week, on defining greenness and on impact reporting. The move is part of the green bond market’s effort to define itself more clearly, partly in the hope that governments might ultimately subsidise it.

    • 28 Jan 2016
  • Bank weakness opens up bond/CDS basis

    Last year the Markit iBoxx Euro Banks index was one of the outperforming bond sectors in Europe having returned 1%. The index, which is largely made up of bonds issued by European banks, even managed to outperform defensive sectors such as healthcare and utilities, while Europe’s regulatory oversight and relaxed monetary conditions kept market confidence in check.

    • 28 Jan 2016
  • NAB hires new Asia DCM banker from Commerzbank

    Lorna Greene, a former Commerzbank banker, has resurfaced as a member of National Australia Bank’s Asia DCM team.

    • 28 Jan 2016
  • Loan sales director leaves Lloyds for levfin adviser firm

    DebtXplained, the leveraged finance covenant specialist, has hired a senior banker from Lloyds — and says that more recruitment of capital markets bankers is to come.

    • 28 Jan 2016
  • 'Pipeline? What pipeline?' ask corporate bond investors

    Another week, another dearth of primary issuance in the European corporate bond market.

    • 27 Jan 2016
  • The lowdown: Panda bonds

    Panda bonds were thrust back into the limelight when the market was reopened by China in 2015 with many high profile issuers lining up to sell deals. But what are Panda bonds and why should you care? Here’s GlobalRMB’s quick guide to all you need to know.

    • 27 Jan 2016
  • UBS places oversight of index business with Markit

    UBS has asked Markit to administer and calculate its investible indices, as the bank looks to meet Europe’s regulatory push to improve transparency and oversight of industry benchmarks.

    • 26 Jan 2016
  • UBS carves out new capital team

    UBS has announced it is setting up a new capital structure advisory team, focused on corporates and led by ratings advisory co-head David Bend.

    • 26 Jan 2016
  • Porsche in top gear with €200m Schuldschein

    German car maker Porsche has launched a Schuldschein for €200m and will increase the deal to a much larger size, according to bankers.

    • 25 Jan 2016
  • Heathrow lands early arrival in Swiss francs

    Heathrow, London’s largest airport, printed its second Swiss franc bond on Monday, surprising bankers away from the deal with its timing.

    • 25 Jan 2016
  • Anthony Veder issues first ‘sustainable shipping’ Euro PP

    Anthony Veder, the Dutch gas tanker line, issued its first Euro private placement (PP) on Friday, branding the deal as the first sustainable shipping loan.

    • 25 Jan 2016
  • Ex-Commerzbank DCM banker resurfaces at NAB

    A former Commerzbank banker has resurfaced as a member of National Australia Bank’s Asia DCM team.

    • 25 Jan 2016
  • Kaisa dismisses restructuring counter proposal

    Kaisa Group Holdings has dismissed a counter proposal by a group of bondholders over the potential restructuring of the Chinese property developer’s offshore debt.

    • 21 Jan 2016
  • Syndicate banker leaves Lloyds

    A corporate bond syndicate banker has been made redundant by Lloyds Bank.

    • 20 Jan 2016
  • Citi Apac DCM syndicate team loses one

    A member of Citi’s Asia Pacific DCM syndicate team in Hong Kong has parted ways with the lender, sources close to the move have told GlobalCapital Asia.

    • 20 Jan 2016
  • Deutsche credit trading head set to exit

    Deutsche Bank is set to lose the head of its European investment grade credit trading business.

    • 19 Jan 2016
  • HeidelbergCement visits Schuldschein before HY

    HeidelbergCement, the German building materials manufacturer, has done part of the financing for its acquisition of ItalCementi in the Schuldschein market, but insists it is not afraid of volatility in the bond market.

    • 18 Jan 2016
  • Lloyds Bank loan chief heads to new role

    Simon Allocca, head of loan markets at Lloyds Bank, is moving to a new job at the bank.

    • 15 Jan 2016
  • Baker & McKenzie.Wong & Leow boosts DCM practice

    Baker & McKenzie.Wong & Leow has strengthened its DCM franchise by hiring Pallavi Gopinath Aney in Singapore.

    • 15 Jan 2016
  • Raber sets out strategy for Standard Chartered DCM

    Standard Chartered has revealed the new management structure of its global capital markets team following a highly publicised restructuring last year. Leading the revamped capital markets unit is Henrik Raber, who told GlobalCapital Asia this week that he is confident the bank will be able to stand strong amid changes. Rev Hui reports.

    • 14 Jan 2016
  • Citi eyes local currency as Deutsche promotes Gearhart

    Citi has created a consolidated Asia Pacific debt syndicate team to sniff out opportunities in local currency issuance, while Deutsche Bank has appointed a senior executive to head debt syndicate and origination in the region.

    • 14 Jan 2016
  • StanChart firms up global capital markets team

    Standard Chartered has firmed up the management structure of its global capital markets team led by Henrik Raber, as the bank divvies up responsibilities based on regions and products.

    • 12 Jan 2016
  • India finalises green bond framework

    India finally has a formal green bond framework after the Securities and Exchange Board of India (Sebi) approved a draft proposal released at the end of last year.

    • 12 Jan 2016
  • TABB boosts derivatives research with two hires

    TABB Group, a research and consulting firm focused on capital markets, has hired two analysts to its derivatives practice.

    • 11 Jan 2016
  • Stan Chart promotes capital markets pair

    Standard Chartered Bank has made two promotions — crowning a new head of capital markets for Americas and Europe and a new head of European syndicate.

    • 11 Jan 2016
  • It’s finally here: Kaisa launches debt restructuring programme

    The long-running saga surrounding Kaisa Group Holdings’ offshore debt looks like it could finally come to an end following the launch of a debt restructuring programme.

    • 11 Jan 2016
  • Citi eyes local currency markets with debt syndicate rejig

    Citi has created a consolidated Asia Pacific debt syndicate team as it seeks to take advantage of the growing relevance of local currency markets, according to an internal memo seen by GlobalCapital Asia.

    • 11 Jan 2016
  • Capital markets head leaves StormHarbour

    StormHarbour’s head of capital markets, appointed last January, has left the firm.

    • 08 Jan 2016
  • Deutsche names new head of Apac syndicate and origination

    Deutsche Bank has appointed Jake Gearhart as head of debt syndicate and origination for Asia Pacific.

    • 08 Jan 2016
  • Asia Pacific IB revenues take a hit in 2015

    Banks in Asia finished 2015 with revenues of $11.4bn, down 2% on the previous year, with equity capital markets the only saving grace, as billings shrank in debt capital markets, loans and mergers and acquisitions.

    • 07 Jan 2016
  • Dehydrated bond markets face up to life without liquidity

    Worries about bond market liquidity went from specialist interest to global best-seller in 2015. The Bank of England and the Federal Reserve published extensively on liquidity problems in bonds; European politicians lost their appetite for regulation, fearful about doing further damage to the frail but crucial animal spirits of the bond markets. But the last year saw precious little done to solve the problem. Owen Sanderson asks whether 2016 will be better.

    • 06 Jan 2016
  • Blockchain: wisdom of crowds begins in blind competition

    Blockchain, the technology underlying bitcoin, is coming to a back office, and clearing house, and bank, and front office near you. Instead of one authority keeping records, everyone will. That’s the idea, anyway, of a wave of start-ups rushing to build workable applications. How will clarity emerge from this ferment, and just how will it change the business of capital markets? Jon Hay reports.

    • 06 Jan 2016
  • Mizuho syndicate banker on the loose

    A member of Mizuho International’s bond syndicate team has left the firm.

    • 06 Jan 2016