Deutsche Bank

Daniel Ng, one of China Merchants Securities’ (CMS) most senior bankers and a veteran of the Hong Kong and China capital markets, is understood to have left the firm recently.

China’s newly launched Cross-border Interbank Payment System (CIPS) is fundamental to the internationalisation of the renminbi as it centralises liquidity and will save costs, says Marcus Sehr, global head of institutional cash, global transaction banking at Deutsche Bank.

Swiss insurer Ace Group printed the US market's biggest insurance deal of the year with a $5.3bn four trancher to help finance its $28.3bn acquisition of Chubb.

Procter & Gamble, the US consumer goods company, brought a €1.25bn bond issue to the European market on Tuesday, bringing life to an otherwise moribund reverse Yankee market.

Hapag-Lloyd and the banks leading its IPO are talking to key investors in the deal as they consider how to react to worsening sentiment towards container shipping stocks.

Between 600 and 700 meetings are scheduled to take place over the course of the investor education phase of ABN Amro’s initial public offering in Amsterdam.

Deutsche Bank’s new chief executive John Cryan tops the charts for headline job losses —35,000 compared to less than 3,000 announced at Credit Suisse last week — but his plan for the investment bank is far less radical.

Sri Lanka had to pay up to get its second dollar bond of the year across the line this week, but the money left on the table was more than worth it as the sovereign ended up raising $1.5bn, a record for the country.

The syndication timeline for a $145m loan backing the Blackstone Group’s acquisition of some Indian assets has been pushed back.

SNS Bank sold €500m of tier two debt on Thursday, making a convincing return to capital issuance having been expropriated by the Dutch government in 2013.

Deutsche Bank will close several businesses in its global markets division, including market making in uncleared credit default swaps, uncleared interest rate swaps with dealers, agency RMBS trading and high risk weight securitized products trading.

Deezer, the French music streaming website, has abandoned its IPO, after the bookbuild closed yesterday without a covered message.