Nomura

HDFC Asset Management is gunning for up to Rp28bn ($408m) from its IPO in India after setting the final price guidance for the offering.

Mobile marketing platform Affle is preparing to launch a $100m IPO, a source close to the deal told GlobalCapital Asia.

Guarantor: Japan

Nomura has hired Nezahat Gultekin from Singapore sovereign wealth fund Temasek, to fill the new role of head of technology for investment banking in EMEA.

Japan Bank for International Cooperation (JBIC) raised $3.5bn from a triple-tranche bond deal in its first outing in the dollar market since November.

Crédit Agricole CIB said on Monday that it had hired Paul Lynn as head of financial institutions sales UK.

The European Investment Bank is set to bring the first five year dollar benchmark from an SSA in nearly three weeks — and only the third since the first quarter — after mandating banks on Monday. The issuer will be joined by a triple tranche trade from the Japan Bank for International Cooperation.

Nomura has unveiled a big redundancy round in its EMEA global markets operation, with more than 50 front office staff at risk. The move comes as volumes in European fixed income disappoint once again, setting banks up for a rough set of second quarter numbers.

Nomura has placed at least 50 employees in EMEA global markets at risk, GlobalCapital understands.

There was a smattering of sterling deals from public sector borrowers this week, as the biggest issuer in the currency — the UK Debt Management Office — provided details for its next syndication.

Other than balance sheets, all banks have to offer is their people. And this week, Nomura made an unusually large statement, hiring three of them at once to bulk up its EMEA rates business.

Nomura has hired a three person team from the NatWest Markets rates operation, GlobalCapital understands. James Konrad, who ran the desk, as well as Biagio Lapolla and Robbie Anderson, in flow rates sales and trading, will be joining the Japanese bank.