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  • Equitas Small Finance Bank is planning a listing of new and secondary stock in India, having filed a draft prospectus with the market regulator on Monday.
  • Rising defaults by Chinese firms onshore have triggered sell-offs in numerous parts of the dollar bond market over the past few weeks. But international investors appear too complacent about the health of some of the largest debt issuers from the mainland. More scepticism is needed.
  • A subsidiary of Indonesian conglomerate CT Corp is talking to banks for a $750m refinancing loan, according to bankers close to the situation.
  • John Lee will become sole head of Greater China global banking at UBS next year, after co-head Xuewen Bi steps down from his day-to-day managerial job.
  • DBS has hired two bankers to join its syndicated finance team in Singapore.
  • The China Securities Regulatory Commission (CSRC) is adding 23 new members to its IPO review committee, almost a year after severely cutting the membership.