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  • The Philippines-based arm of oil and gas giant Royal Dutch Shell has selected two firms to lead its potential IPO in the country, according to a source familiar with the matter.
  • Maybank has rejigged its top ranks with fresh appointments in its global banking and Islamic banking units, as well as the chief financial officer position, the Malaysian bank said.
  • While opinions range on how appropriate it will be for MSCI to go ahead with the inclusion of A-shares into its global benchmarks, the index provider has been giving greater space to US-listed Chinese stocks. But despite the decision on A-shares being just over a week away, market participants are still weighing the pros and cons.
  • China Renaissance has hired Yang Xia as managing director and global head of equities based in Hong Kong.
  • On the face of it, last week was a glorious time for Asia’s equity capital markets. Volumes got a huge leg up thanks to a $5.5bn bond exchangeable into Alibaba Group Holdings shares while stockholders jumped at the opportunity to sell overnight blocks. But look under the hood and this spurt of activity changes little.
  • Citigroup has hired an equity capital markets banker from Deutsche Bank to help its business in the German-speaking region.
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