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  • Barclays has promoted from within to fill the role of head of investment banking for continental Europe that has been vacant since Carlo Calabria left earlier this year to concentrate on a special purpose acquisition company.
  • Financial services company Far East Horizon has raised $200m from a convertible bond, its second CB in as many months.
  • A leading shareholder in WuXi Biologics (Cayman) has pocketed HK$10.3bn ($1.3bn) after offloading a chunk of the company’s shares.
  • CMB International has hired Branson Song, a veteran equity capital markets banker, as head of its ECM business.
  • Robinhood’s mission to democratise stock markets is taking its inevitable next step with its own initial public offering, of which it says it will sell between 20% to 35% to retail investors. But while opening up the IPO investor base beyond the institutional investor clique sounds good in theory, such transactions remain extremely risky for retail investors.
  • The IPO of Terminal X Online Ltd, the Israeli fashion e-commerce company, is covered following less than a day of bookbuilding, according to a source close to the transaction.
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