HSBC

US regulatory authorities said on Monday that BNP Paribas, HSBC and Royal Bank of Scotland had failed to provide adequate resolution plans in 2014, and must address the failures before submitting this year’s plans.

The leads on Fuyao Glass Industry Group Co’s HK$7.39bn ($951.67m) IPO are guiding investors to the top of its HK$14.80-HK$16.80 marketing range, amid solid demand for its shares and a book that is now multiple times covered.

IL&FS Transportation Networks has returned to the offshore renminbi (CNH) debt market as ahead of its outstanding dim sum bond redeeming next month.

Bank of China Aviation (BoC Aviation) was looking to diversify its investor base with its 144A debut, and it achieved just that, with the US taking up half the allocation.

Monday was a bank holiday in Colombia but so well has the market reacted to last week’s US Federal Reserve statement that the South American nation ignored a sleepy day in Bogotá to stride into markets and tap its recently issued 2045s.

French water and waste management company Suez Environnement has refinanced its hybrid bond, due to be called in September, with a new €500m non-call seven year hybrid.

Esterline Technologies Corp on Monday announced it would offer €330m of senior unsecured bonds, the fifth high yield issue in euros from a US company in March.

HSBC opened books for its second ever additional tier one deal on Monday morning, offering what bankers away from the trade judged to be an attractive level for an SEC registered dollar trade.

Arab Petroleum Investments Corporation (Apicorp), the Saudi investment company, has agreed $950m of Shariah compliant syndicated loans with regional and local banks.

Korea Resources Corporation (KoRes) and Astra Sedaya Finance are gearing up for dollar offerings having mandated banks to run investor meetings.

Bank of China Aviation is out in the market receiving bids for a five year bond on March 23 as it looks to complete its first ever outing in Reg S/144A format.

HSBC reigns supreme for the fourth year running as the best overall provider of offshore RMB products and services, in Asiamoney’s largest and most competitive Offshore Renminbi (RMB) Poll. The UK-headquartered bank tops the poll as voted by clients from around the world.