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Barclays Capital has appointed Kevin Burke to the new position of head of non-Japan Asia distribution, based in Singapore. He will oversee sales of all capital markets products.

Commonwealth Bank of Australia is preparing to launch Australia's largest securitisation, a A$5bn ($3.7bn) residential mortgage backed security.

Chinese retailer Golden Eagle Retail Group began marketing its HK$1.6bn ($210m) Hong Kong IPO on Tuesday.

Goldman Sachs and UBS cleared a large block trade through the market on Wednesday when Commerzbank made a surprise sale of W703.28bn ($736m) of Korea Exchange Bank stock. Commerzbank is shoring up its finances for the Eu4.6bn purchase of Eurohypo, the German mortgage bank it is set to acquire during March.

Kenneth Courtis has resigned as vice-chairman for Asia at Goldman Sachs and will leave the bank by the end of March.

Explosives group Dyno Nobel began marketing its IPO on Wednesday, with Macquarie Bank and Credit Suisse leading the A$902m to A$1.03bn ($671m-$766m) offer on the Australian Stock Exchange. The indicative price is A$1.89 to A$2.27 a share. The offer comprises 464.6m shares, a 57% interest in the company, while incumbent shareholders and management will retain the balance.

SembCorp Industries, the Singaporean engineering and infrastructure group, has confirmed that it is in discussions with commercial banks over a project finance loan to fund its acquisition of a stake in the Fujairah water and power project in the United Arab Emirates. SembCorp Utilities, a fully-owned subsidiary, was named as preferred bidder for a 40% stake in the project at the end of January, after tendering a bid of $1.34bn at the end of 2005. Abu Dhabi Water and Electricity Authority is privatising the independent water and power project and will take the remaining 60% stake.

China National Chemical Corp has mandated Standard Chartered to arrange a A$200m term loan to finance the acquisition of Qenos Holdings, the Australian plastics company.

Johnson Electric Holdings has mandated Citigroup and HSBC to arrange a $550m five year loan, which was launched into sub-underwriting last Friday (February 24). The deal offers a margin of 28bp over Libor. Underwriting commitments of $80m and above earn the title of coordinating arranger and fees of 32.5bp, translating to an all-in of 34.5bp.