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People and Markets

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  • Hong Kong is exploring the possibility of getting in on the craze around special purpose acquisition companies (Spac), which has begun to gain ground in Asia this year.
  • Sameer Rehman, director of debt and capital markets at TD Securities in London, is heading back to Toronto after 12 years in the UK to focus on Canadian public sector borrowers.
  • Hang Seng Indexes Co is planning to double the stocks in its flagship index, a move that will better represent the increasing number of Chinese companies on the bourse.
  • The China Securities Regulatory Commission (CSRC) has firmed up new rules for so-called ‘company bonds’, a move that is set to provide greater flexibility to corporate issuers tapping the exchange bond market.
  • Two UK institutions caught Notebook's eye this week. One, NatWest Markets, has promoted a corporate debt banker and is on a path to sustained growth. The other, HSBC, is looking to Asia and the Middle East for expansion as one of the longest serving bankers in the SSA market prepares to leave the firm.
  • SRI
    Jane Fraser, CEO of Citigroup, said on Monday — her first day in the post — that the bank was committing itself to net zero financed greenhouse gas emissions by 2050. It joins major banks such as Barclays, HSBC and Morgan Stanley in having made such a promise.
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