JP Morgan

PNB Housing Finance has made changes to the bank group leading its $400m Indian IPO, bringing in Bank of America Merrill Lynch to replace Barclays as a lead manager, according to a source close to the trade.

Jacob Steinfeld, JP Morgan’s head of EM corporate research and strategy, has moved to the bank’s Latin American credit trading business — leaving one of his team to take his old job, according to an internal memo. At the same time the US bank has added a new name to its Lat Am credit research team.

GE Money Bank, the Czech retail and SME bank, announced its intention to float on Monday, as its parent General Electric executes its plan to sell most of its financial services operations.

Bank Nederlandse Gemeenten, FMO, Japan Bank for International Cooperation and the Province of Quebec all hit screens on Monday for forthcoming dollar deals, with bankers remarking that the SSA market could be set for another hectic week.

Several events have improved investor sentiment around the Turkish lira, but analysts warned that options are underpricing risks from the politicisation of the central bank and the weakened tourism outlook.

Russian container terminal operator Global Ports Investments has released guidance for a $350m long five year bond on Monday, offering much more than several other double-B rated credits from the country.

Sukuk investors are getting ready to welcome Malaysia's dollar offering, with the sovereign hiring four banks to organise a global roadshow.

Banks are shrinking, the industry is shrinking, and big splashy hires are a thing of the past. So when a senior FIG banker, in a secure seat, at a solid institution jumps ship, there’s a mystery afoot.

Lat Am syndicate bankers said on Thursday that the market remained in wait-and-see mode ahead of Argentina’s imminent jumbo bond return as another week passed without issuance.

JP Morgan announced a recommitment to fixed income, an area where many rivals are retrenching, in its annual letter to shareholders.

Banca Popolare di Vicenza on Thursday launched premarketing for its €1.5bn IPO and capital increase, after a period of uncertainty when UniCredit, the underwriter, had cast doubt on whether it could be completed by the end of April deadline.

Inter-American Development Bank (IADB) on Tuesday threw open the door for dollar issuance as the second quarter of the calendar year kicked off, with several other issuers eagerly following.