Deutsche Bank

GlobalRMB spoke to senior transaction banking executives throughout the Sibos 2015 conference held in Singapore last week. A common theme emerged: the RMB is presenting massive opportunities for banks nimble enough to follow China along its path to liberalisation. In this first piece, Lisa Robins, head of global transaction banking at Deutsche Bank, told GlobalRMB how much China's transformation has surpassed expectations so far.

Legal & General PLC launched 30 year non-call 10 notes in the UK on Monday, giving investors their first taste of a sterling denominated tier two insurance deal since June.

Deutsche Bank has reorganised its management structure, splitting the investment bank back into banking and markets businesses. Several figures associated with Anshu Jain’s tenure as chief executive have also stepped down, including Colin Fan, head of corporate banking and securities.

China’s BeiGene is eyeing a listing on the Nasdaq, with the drug maker tapping three banks for a $100m IPO.

Bravida, the Swedish electrical, heating, plumbing and ventilation systems installer, started trading today (Friday), after having priced its initial public offering at the midpoint of its original price range.

Kino Indonesia has started pre-marketing its IPO to investors, as the fast-moving consumer goods company seeks $100m to $150m from a domestic listing.

A Berlin Hyp €500m five year was the success story of covered bonds issued this week from banks in the eurozone, standing out among deals that also included bonds from Caisse Francaise De Financement Local (Caffil) and Raiffeisenlandesbank Niederösterreich-Wien (RLB-NW).

Bank of Ireland and Caja Rural Unidas issued this week’s only two covered bonds from Europe’s periphery, both offering attractive concessions.

Kuka, the robotics and automation company headquartered in Augsburg, Germany, has issued a €250m Schuldschein note.

Landsbankinn walked away with €300m of three year money on Monday as Icelandic debt made a return to the FIG market.

SNS Bank raised hopes of more capital issuance when it named leads for a euro denominated tier two transaction on Thursday but the trade may be a tough sell.

Bravida, the Swedish electrical, heating, plumbing and ventilation systems installer, closed the institutional book for its IPO at noon on Thursday, and was doing allocations on Thursday afternoon. Pricing is expected to come on Friday morning.