Credit Suisse
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The Boston Retirement System (BRS) is suing five banks and four traders for allegedly conspiring to manipulate bid-ask spreads on SSA debt traded in the secondary market, increasing their profit at the expense of their clients.
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The prospect of the UK voting to leave the European Union has become the foremost focus of fund managers and volatility traders, even as the latest poll on Brexit gave the ‘Remain’ campaign an 18 point lead over ‘Leave’ — prompting the pound to rally to its highest point against the dollar since May 3.
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A pair of private equity firms have raised a combined Rph3.02tr ($223m) from a share sale in Indonesia’s Matahari Department Store, after a burst of demand allowed the vendors to enlarge the size of the offering.
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Hotel Lotte Co is aiming to raise as much as W5.7tr ($4.8bn) from its South Korean IPO and is due to start pre-marketing on Friday.
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After the extremes of recent weeks, with enormous order books and sometimes negative new issue premiums, Europe’s corporate bond market has reached a steadier cruising speed this week.
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India's PNB Housing and Finance will seek approval for an IPO of up to Rp30bn ($448.0m) by mid-June, according to a source close to the transaction.
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Swiss chocolate manufacturer Barry Callebaut was on Tuesday five times subscribed on a bond offering after testing European investors’ palates during a five day roadshow.
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Airbus has released price talk on a €425m term loan, while First Data, the US payments technology firm, priced its euro term loan at an unusually tight margin on Monday.
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P&M NotebookLast week was the last big week for Q1 numbers, and offered the market a chance to see how the Credit Suisse turnaround was going. Those with weak stomachs, turn away now.
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South Korea’s Hotel Lotte Co, which is planning a $3bn-$5bn listing, could start bookbuilding on Friday, according to a source close to the deal.
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China Online Education Group is planning a US IPO of up to $100m and has filed a draft prospectus with the US Securities and Exchange Commission (SEC).
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Bankers said that Argentina’s grand capital markets plan was functioning perfectly after Mendoza became the second province to tap international capital markets since the sovereign raised $16.5bn in April.