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  • Ch Karnchang has signed a memorandum of understanding with a local Thai bank to back its bid to sponsor the southern bypass project in Thailand. Discussions with the government are taking place and financial close will be reached if approval is granted.
  • At Goldman Sachs in London, where all eyes are concentrated on making as much money as possible, the only distraction has been the court case of former employee and executive personal assistant, Joyti De-Laurey.
  • In Germany we have asked the wonderfully fragrant and very persuasive Heidi von Grippenutz to make a short visit to Munich to test the lie of the land around the grim facade of Allianz's headquarters. Why the interest in Allianz? This is because Heidi herself believes that something is stirring within Allianz which could affect its Dresdner Bank and Dresdner Kleinwort Wasserstein subsidiaries.
  • Last year proved to be an exciting and difficult time for Asia’s domestic bond markets. Exciting, in that investors and lead managers had to deal with a challenging environment including interest rates bottoming out.
  • Food and confectionery group CSM has signed banks into a Eu685m five year revolver. The mandated lead arrangers are ABN Amro, Bank of America, Barclays Capital, Rabobank and Royal Bank of Scotland.
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