Morgan Stanley

After months of preparation, one of this year's most highly anticipated European IPOs got going on Monday, when Pirelli, the 145-year old Italian tyre maker, announced its intention to float on Borsa Italiana.

SSAs enjoyed soaring conditions in the sterling market this week after a summer lull, which bankers attributed to a big Gilt redemption and sterling’s weakening against other main currencies.

Carlsberg Breweries issued a rare six year euro bond this week that caused disagreement among market participants over its new issue concession, with some, who were off the deal, reckoning the premium is lower than leads’ estimations.

Best, a logistics firm backed by Alibaba, started pre-marketing its $1bn IPO on the New York Stock Exchange this week, as a clutch of Chinese issuers also filed listing applications in the US.

Hong Kong-listed China Silver Group is looking to spin off its online jewellery arm CSMall Group through a listing on the city’s bourse.

Supply-starved investors have been quick to get involved in the first senior bond transactions in euros in nearly a month, with banks leaping back into the market this week following the summer holidays.

Former Barclays banker Hardik Dalal started in a newly created executive director position at MUFG Securities Asia on Monday.

China Great Wall Asset Management stumbled into secondary trading late on Friday after its new dollar deal hit delays due to confusion over coupon payment dates.

Royal Dynasty International Holding Co, a leading Chinese restaurant chain manager which counts Morgan Stanley among its largest shareholders, is planning to list in Hong Kong.

Korea’s Kookmin Bank is eyeing a return to the dollar bond market, meeting with investors this week to gauge interest in a senior deal.

The UK Debt Management Office has selected the banks that will run its next syndication.

MUFG said on Thursday that it had hired former HSBC banker Jeff Bennett as head of leveraged corporate origination and structuring, part of the bank’s longer term expansion of its leveraged finance and investment banking businesses in EMEA.