Malaysia

Natixis has named Alain Gallois as CEO of corporate and investment banking for Asia Pacific, a position he will take up in July.

The Government of Malaysia flexed its muscles as one of Asia’s biggest Islamic bond issuers this week, brushing off noises over a political scandal and volatile oil prices to raise $1.5bn.

Bond investors woke up to a pair of investment grade Asian issuers on Wednesday with the government of Malaysia seeking bids for a dual-tranche wakala sukuk and BoC Aviation looking to close a conventional 10 year.

CIMB Group chairman and director Nazir Razak has taken a voluntary leave of absence pending a board review on banking activities relating to his personal account.

Maybank is contemplating issuing a tier two note in dollars with the Malaysian lender set to go on the road to gauge investor interest next week.

Malaysia's Maybank has priced its latest $400m five year bullet loan tightly at 95bp over dollar Libor, launching the deal into general syndication last week.

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

Eastspring Investments has named Raymond Tang as chief executive officer of its Malaysia operation, according to a statement from the firm on Monday.

Maybank opened its $400m five year bullet loan to retail participation on Thursday after expanding the mandated lead arranger and bookrunner group.

Eco World International has obtained approval from the Securities Commission Malaysia for its IPO, which is expected to raise $500m by the middle of this year.

Petronas' subsidiary Malaysia International Shipping Corp is in the process of putting together a club of banks to supply a $1bn bridge loan.

Bank of the Philippine Islands (BPI) is poised to make its debut in the international syndicated loan market with a $250m fundraising.