Credit Suisse

CDH exited from Luye Pharma Group via a HK$717.96m ($92.51m) accelerated share sale on Wednesday, but the stock dropped well below the pricing level in the aftermarket.

Credit Suisse's chief executive has reminded everyone that he has a track record of providing long-term value for shareholders. That could spell break-up, writes David Rothnie.

Singapore’s army of private bank accounts were spoilt for choice this week with a triple-whammy of bank capital transactions that suited them perfectly — an additional tier one from United Overseas Bank and tier two offerings from Société Générale and National Australia Bank.

The Asia Pacific chief executive of Credit Suisse, Helman Sitohang, said in a conference call on Thursday that the bank is to increase its headcount in the region as it hires wealth managers and adds selectively in the investment bank.

Manulife US Real Estate Investment Trust (Reit) is set to become Singapore’s first IPO of the year, a welcome development for a stock exchange that has suffered from plummeting deal flow. It may just be what the market needs to get going again, writes Jonathan Breen.

Kallpa Generación, the Peruvian power generation company, will begin investor meetings today ahead of a potential debut dollar bond in what would be the first non-sovereign Peruvian new issue of 2016.

CDH is in the market to cash out of its stake in Luye Pharma Group via a block trade worth up to HK$729m ($94m).

Manulife US Reit is set to price its $470m Singapore IPO at the top of guidance, according to sources close to the deal.

United Overseas Bank is set to end an absence of two years from the Singapore dollar bond market, and is taking orders for a Basel III additional tier one capital trade.

Credit Suisse booked its second straight quarterly loss, but beat investor expectations with a win in its wealth management units — the centrepiece of the bank’s turnaround strategy.

Banco de Bogotá’s new subordinated bonds closed higher in the grey market on Monday after the Colombian bank offered a hefty new issue premium that left investors who liked the issuer chuffed at the fact the deal had come on a tough day.

Double-B rated issuers WEPA Hygieneprodukte, Europe’s leading privately owned tissue manufacturer, and Barry Callebaut, the Swiss chocolate producer, both followed Volvo’s lead in launching bonds on Monday, helping to keep a stuttering primary market active.