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  • The Italian Interbank Deposit Protection Fund (FITD) has underwritten €320m of Banca Carige’s tier two capital notes. Private investors are now invited to subscribe to the issue, which allows the Italian lender to meet its capital targets.
  • High hopes for a bumper corporate finance year in Saudi Arabia have been dashed by the pulled Aramco IPO, the blockade of Qatar and the murder of journalist Jamal Khashoggi, writes David Rothnie.
  • Perella Weinberg Partners (PWP) has ramped up its drive for senior talent with the appointment of former Deutsche Bank finance director Marcus Schenck.
  • Nomura has brought on board Alexandra Tong from Citi to lead Greater China ECM origination and execution, according to an internal memo seen by GlobalCapital Asia on Tuesday.
  • The next few months in the run-up to Brexit will bring upheaval for debt capital markets and syndicate teams at London’s investment banks, as they work out which roles will have to be done from the European Union and which staff to move. But the pressure will not cease on March 29, as national regulators have considerable scope to compel banks to relocate jobs. Jon Hay reports.
  • Huatai Securities, the Chinese asset management business, has filed an intention to float document for a $500m London listing of global depositary receipts, the first under the new Shanghai-London Stock Connect segment of the London Stock Exchange.