Deutsche Bank

Deutsche Bank has scored a former Credit Suisse banker to jointly lead its execution services in the Asia Pacific region.

Despite a slight softness in the European corporate bond market at the end of Tuesday, Wednesday brought another strong deal. CNH Industrial, the agricultural machinery and lorries group backed by the Agnelli family, issued an eight year bond that was increased to €600m.

GlobalCapital announced the winners of its 2018 Equity Capital Markets Awards at our annual Awards dinner in London on Tuesday night. Adyen, Knorr-Bremse, Netcompany and Neoen were among the deals that won prizes as company founders, CFOs and senior managers mingled with leading investment bankers.

The European corporate bond market’s charmed life continued on Tuesday, as if the intensifying crisis of Brexit was just a dream. Two triple-B issuers and one single-A all found the same deep demand that has greeted every deal for the past few weeks.

Qatar Islamic Bank has launched its $750m five year benchmark sukuk at 150bp over mid-swaps.

The potential merger of Deutsche Bank and Commerzbank has been repeatedly panned since it was first floated, with good reason. But at the level of the whole German banking system, there is a certain logic to it.

Telstra, Australia’s national telecoms company, returned to one of its most important funding markets, euro bonds, on Monday, with a smallish benchmark deal that joined the remarkable wave of deals that have achieved negative new issue premiums.

KfW, the German state-owned development bank, could be used to support the merged entity of Deutsche Bank and Commerzbank by taking on the government's stake in the latter.

China’s Tianshan Aluminium is tapping the offshore loan market for $200m.

Embassy Office Parks Real Estate Investment Trust (Reit) has launched a three-day public bookbuilding for its IPO after placing nearly half of the public offer with anchor investors.

The exceptionally strong demand in Europe’s corporate bond market has remained unaffected by the turmoil in the UK’s Parliament, as MPs vote night after night on repeated motions that could determine the country’s future inside or outside Europe. On Thursday, two issuers attracted huge books: Marsh & McLennan Companies, the US insurance and investment services group making its debut in euros, and Incommunities Group, a Leeds-based housing association, in sterling.

India’s equity capital market is on edge as Embassy Office Parks Real Estate Investment Trust prepares the country’s first Reit IPO. But while the hotly-anticipated listing has global institutional investors chomping at the bit, the deal may be a one-off treat as the issuer has very few peers.