Greater China
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Carsten Stoehr, who's been with Standard Chartered since April 2012 in various senior positions, has left the bank.
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Deutsche Bank has promoted James McMurdo as its head of corporate and investment banking for Asia Pacific, as part of a wider reorganisation of the firm’s global business.
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Goldman Sachs this week announced the closure of its dedicated BRIC (Brazil, Russia, China and India) fund after nearly 10 years. The move signalled the end of the BRIC era, as this year saw recessions plague Russia and Brazil while growth in China stalled.
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India issues RFP for Concor sale — Bank of Jinzhou readies IPO — China Energy and UNV to pre-market
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After a four month ban, IPOs are back on the table in China. But it appears some lessons have been learnt, with the rules being tweaked to prevent a repeat of this summer’s sell-off. The changes will ensure a less volatile secondary market and sets the stage for the country to adopt a market-driven regime for A-share listings next year, writes John Loh.
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ICBC New York returned to the dollar bond market one year after its debut with a $1bn dual-tranche offering on November 5. While the deal was popular with Asian accounts, interest from the US was lukewarm because of the issuer’s aggressive pricing tactic.
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Bank of East Asia (BEA) has proposed to buy back its outstanding Basel III additional tier one notes for cash and plans to issue a new offering as part of the lender’s liability management practice.
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Wenzhou Kangning Hospital started guiding investors to the top of the range of its HK$681m ($88m) Hong Kong IPO on Thursday morning, thanks to books being oversubscribed across the price range.
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Beijing Hualian Group has received positive but cautious market feedback for the listing of its real estate investment trust in Singapore, which could raise around S$300m ($211m).
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People often say life is a rollercoaster and it’s your choice to scream or enjoy the ride. This holds particularly true for those in finance.
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Iris World Enterprises, an affiliate of Taiwan's Foxconn Technology Group, has picked three banks for its $300m borrowing.
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BMW is preparing for its second Chinese auto ABS of the year and is, once again, relying on a popular four-tranche, fixed rate/floating rate structure that it introduced to the market five months ago.