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The International Capital Market Association has published definitions for terms used to indicate interest for bonds in the secondary market, such as “axe”, in response to frustration on the buy-side about dealers’ occasionally loose interpretations.
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A senior China DCM banker from HSBC is taking a new position at CLSA, the international platform of China's Citic Securities.
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TD Securities has hired a senior debt capital markets syndicate banker from SMBC Nikko Capital Markets in London, to handle new issues from corporate and financial issuers.
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A number of Chinese high yield borrowers that hit the dollar bond market this week have seen mixed responses to their notes in secondary trading, which bankers say is a sign of changing market sentiment and investor response.
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Deutsche Bank has hired Priyanka Verma, a senior investment banker specialising in pharmaceutical services and diagnostics, from HSBC in New York.
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Dennis Watson, a managing director and Barclays' head of real estate, has left the bank after some 35 years with the firm.