HSBC

Deutsche Bank looks set to finish second in the 2014 league table for bookrunners of global supranational, sovereign and agency bonds, excluding US agencies. Deutsche has been top every year since 2010.

The Credit Guarantee Investment Facility (CGIF), added Indonesia’s Astra Sedaya Finance to its guarantee portfolio, making it the fifth transaction for the CGIF this year.

Schuldschein bankers are hoping to continue the market's expansion in 2015 to include more borrowers from outside German-speaking countries, even though some recent international deals have not gone according to plan.

Strong deals from Liquid Telecom, Fidelity Bank, Lake Turkana Wind Power and Africa Finance Corp in recent weeks have highlighted the popularity of supranational and telecoms deals in Africa.

The Bank of England’s Prudential Regulatory Authority released the results of its latest round of stress tests this week, revealing that of the eight largest UK banks and building societies only the Co-operative Bank had ran afoul of its adverse scenario. Bankers and analysts have taken the results as a sign that the UK’s financial system is robust, though some have warned that future stress tests may become trickier to navigate.

HSBC’s UK investment banking revolution will gain momentum in 2015, going beyond its previous narrow attempt to build a global M&A business, writes David Rothnie.

Dalian Wanda Commercial Properties pulled off one last hurrah for Hong Kong’s IPO market this week, raising HK$28.8bn ($3.7bn) in the city’s largest listing for more than three years. The property developer, owned by Chinese billionaire Wang Jianlin, priced its shares on December 16 at HK$48.00, near the top end of guidance, despite niggling fears about China’s cooling property sector, writes John Loh.

Following a record year for offshore RMB (CNH) bond issuance in 2014, HSBC is expecting gross annual issuance for bonds and certificate of deposits to stabilise at around Rmb500bn ($80.8bn) next year.

Dalian Wanda Commercial Properties pulled off one last hurrah for Hong Kong’s IPO’s market this week, raising HK$28.8bn ($3.7bn) in the city’s largest listing in nmore than three years before the market shuts down for Christmas.

French engineering and construction services firm Spie this week cut margins on its €625m 4.5m year bullet term loan E and let another bank onto its arranging ticket.

Dalian Wanda Commercial Properties is expected to price its IPO near the top of guidance to raise HK$28.8bn ($3.7bn) for Hong Kong’s largest listing this year.

Louis Dreyfus Commodities Metals Suisse, a subsidiary of Louis Dreyfus Commodities, has signed an $800m dual tranche loan with a group of 46 banks.