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DEUTSCHE Bank has appointed John Ross, formerly chief executive of the bank's Asia Pacific operations, to the new position of president and CEO of the combined operations of Deutsche and Bankers Trust in the Americas. Ross will report to Ronaldo Schmitz, member of the board of managing directors with responsibility for the Americas, and will continue to report to Josef Ackermann, member of the board and co-chairman of the bank's global corporates and institutions division. Ross succeeds Barry Allardice, who will continue to manage key Bankers Trust integration projects at the group level.

Finland Arranger Bankgesellschaft Berlin has launched a debut Eu50m revolving credit for Aktia Savings Bank. The five year transaction carries a margin of 19.5bp over Euribor.

SLOVENIAN mobile phone operator Mobitel is launching a Eu120m term loan arranged by Sumitomo today (Friday). The deal is divided between a Eu85m EIB guarantee facility and a five year Eu35m syndicated facility. The EIB debt is further split into two tranches of 5-1/2 and seven years.

* European Investment Bank Rating: Aaa/AAA

ROADSHOWS for the Slovak Republic's debut euro-denominated bond begin next week, marking the start of a flurry of new issue activity in euros by central and eastern European sovereigns ahead of the summer break. Kicking off in Vienna on June 1, the investor presentations for the issue - the first since a change of government last October - will move on to Paris, Frankfurt, Zurich and Milan, before finishing in London on June 4.

* Alliance & Leicester Group Treasury plc Guarantor: Alliance & Leicester plc

* Glaxo Kabushiki Kaisha Guarantor: Glaxo Wellcome plc

DEUTSCHE Bank and Goldman Sachs will shortly complete the sale of stock in Agfa-Gavaert, the photo-imaging subsidiary of Bayer. The sale is just one of a number of large IPOs and capital increases scheduled for the German market in the next few months. Although these large cap deals should attract a stronger response from investors than small to mid cap offerings, bankers report that even the large, liquid sales are far from easy.

China Chase Manhattan Asia has launched the $250m five year fundraising for Kodak China Co to relationship banks. The facility features a guarantee from parent company Eastman Kodak. All-in pricing is rumoured to be between 50bp and 60bp.

LEAD MANAGER SG has successfully executed the privatisation sale of stock in Aérospatiale Matra, the French defence group. The bank priced the shares at Eu19.80 for institutional investors, at the top end of the expected price range. Retail buyers will pay Eu19.2. Both tranches were between 35 and 40 times oversubscribed by investors keen to buy a liquid stock in an under-represented industry. The issue price values Aérospatiale Matra at Ffr52bn (Eu7.93bn), in line with analysts' expectations.

Malaysia * Federation of Malaysia

Europe * Criterion Healthcare Ltd