Goldman Sachs

GlobalCapital Asia held a New Year drinks and awards reception at Isono in Hong Kong on January 20, 2016.

A big MBS settlement and a continued slump in trading and fixed income, currencies and commodities businesses slashed net earnings at Goldman Sachs by 65% in the fourth quarter of 2015.

BeiGene is looking to raise $132m from a Nasdaq IPO, with the firm kicking off bookbuilding on Tuesday for what will be the year’s first listing of a Chinese issuer in the US.

Rocket Internet has raised a $420m unlisted fund that will invest in its portfolio companies — an innovative funding mechanism arranged by Goldman Sachs.

CNP Assurances has turned to the private market to print a $500m tier two, which is now the French issuer's longest outstanding debt.

Several major Italian ECM deals are set to move forward in the next few weeks. Saipem, the oilfield services company, will open subscription for its €3.5bn rights issue on Monday January 25. And Veneto Banca is set to announce in the next couple of weeks more detail of its €1bn capital increase and flotation, to be completed in April.

Chinese peer-to-peer lender Lufax is calling on banks to pitch for its $5bn listing in Hong Kong, expected to be the city’s largest float in 2016.

Ipreo, the maker of bookbuilding and primary markets software, has signed a deal with Symphony, the secure messaging system that is shaking up communication in financial markets.

Ascential and Countryside Properties this week swelled the ranks of London’s declared IPO hopefuls, which already included CMC Markets and CYBG, as the UK ramps up to what is expected to be a busy IPO season.

A strong start to public sector dollar issuance in 2016 fell away this week, as volatile swap spreads returned and worries over the health of the Chinese economy made printing further along the curve difficult.

CMC Markets, the financial spread betting firm founded by Peter Cruddas, has announced its long-expected intention to float in London.

The Iberian Peninsula was host to a duo of barnstorming sovereign benchmarks this week, but there was no consensus among bankers over whether they signified an appetite for sovereigns at the lower end of the European credit quality spectrum.