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I thought the grass would be greener in fintech land, but it’s patchy and dreary
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Equity market bodies try to pre-empt regulator's July consultation and consolidated tape decision
Why should I expose myself to embarrassment and legal risk?
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  • Maybank’s investment banking arm has hired equity capital markets banker Abhishek Bakshi from rival CIMB, according to a source familiar with the matter.
  • Crédit Agricole CIB has reorganised its leveraged credit business, bringing leveraged loan and high yield bond syndicate and sales together, while also combining LBO, telecoms, and high yield bond origination.
  • The Shanghai Stock Exchange (SSE) has published guidelines for IPOs on its new technology board, providing a detailed timeline for the process and the eventual listing of the shares.
  • A series of top-level changes at Lazard suggests there will be a battle to succeed Ken Jacobs at the helm, but not before it has regained first place in global advisory, writes David Rothnie.
  • Shanghai’s new high-tech board is set to welcome its maiden IPO after Suzhou HYC Technology Co kicks off its roadshow on Friday. The company will be the first Chinese issuer to use a market-driven price discovery process for its Rmb1.01bn ($145m) float, but bankers on the mainland have little doubt the deal will be a success. Rebecca Feng reports.
  • The EU executive has opted not to take any decision on a possible extension of the equivalence status granted to the Swiss stock exchange SIX, which ends at the end of June.