Nomura

Jérôme Margerin has left the MTN desk at Nomura, where he has worked for more than two years.

Mutual market access (MMA) is about to be strengthened by the impending launch of Shenzhen-Hong Kong Stock Connect next month. While much of the focus has been on how access to China will improve, a report from brokerage firm Instinet argues that the real story lies in the internationalisation of Chinese money and how it is impacting trading patterns.

Fixed income specialist SC Lowy, the investment bank based in Hong Kong, has appointed Peter Chung as a senior trader in Europe.

Nomura has tapped James Pearson as head of FIG for Asia ex-Japan, based in Hong Kong, poaching him from Standard Chartered.

Indonesia’s Sinar Mas Group is planning to float its power assets on the Singapore Exchange (SGX) through a potential $800m IPO, according to a source familiar with the matter.

Credit Suisse has recruited the former head of UK equity capital markets at Nomura as part of plans to beef up its corporate broking business.

National Australia Bank issued a rarely seen five year sterling denominated covered bond and showed a path that others may follow. It also sold a seven year senior deal in euros.

World Bank played first responder to Asian investor calls for longer-dated Aussie dollar bonds on Monday, printing a landmark A$135m ($103.9m) November 2031 note. It is the first 15 year benchmark in the currency by a non-domestic SSA name. More could follow.

Caja Rural Navarra is planning the first green covered bond of the year. It follows a trio of covered bonds issued by Australian banks and the first transaction to be issued from Nordea in more than a year.

Nomura is planning to add some top brass to its equity advisory business, GlobalCapital understands.

Softer markets caught Central China Real Estate off guard this week, with the leads forced to increase pricing after launch to get its deal away. The deal highlights a shift in pricing for high yield property developers at a time when supply is set to increase, writes Addison Gong.

Nomura's former EMEA FIG syndicate head will be joining Royal Bank of Scotland, according to two market sources.