HSBC

Jose Arnulfo “Wick” Veloso, who resigned from HSBC earlier this month, will replace Philippine National Bank head Reynaldo Maclang in November.

Asian Development Bank has become the second ever borrower to sell Armenian dram denominated paper.

The UK’s preparations for a no-deal Brexit published this week include a proposal to strip away preferential capital treatment for EU27 exposures — meaning a hit to UK bank capital ratios at the worst time imaginable.

BMW and Daimler reopened Europe's corporate bond market on Thursday in emphatic style, reminiscent of the market's usual reopenings after Christmas, when car companies often take the lead. Such a clear and classical restart to issuance, this early in August, is unusual.

Jefferies has hired a three person team from HSBC to build out its UK M&A operations, including Philip Noblet, vice-chairman of global banking and former co-head of banking for the UK.

Polish bank mBank is embarking on a roadshow to market the first euro denominated international public bond from the CEEMEA region in over a month, and the first since Turkey’s currency crisis triggered a wave of selling across emerging market debt.

Russia’s Mechel has signed a $1bn-equivalent loan facility, as the metals and mining group pushes ahead with plans to restructure its debt portfolio by the end of 2018.

Chinese bond issuers were the first out of the gate on Thursday, vying for investors’ attention after public holidays in many parts of Asia shut markets on Wednesday.

Mercedes-Benz Auto Finance has completed the tightest auto asset-backed securitization by any foreign originator in China in almost two years. The deal, which closed on Monday, was twice oversubscribed despite two underwriters dropping out of the syndicate at the eleventh hour.

Chinese industrial name Fufeng Group raised $350m from a bond on Tuesday, offering a coupon step-up to show its commitment to maintaining its investment grade rating from S&P. Logan Property Holdings Co also separately bagged $300m on the same day.

Jose Arnulfo “Wick” Veloso has resigned from his position as president and chief executive of HSBC Philippines.

Singapore Telecommunications bagged $500m from an opportunistic outing on Monday, leveraging on its rarity value and investment grade credentials to woo investors.