Singapore

United Overseas Bank is understood to have hired a former Standard Chartered banker as a senior director, corporate finance, within investment banking.

The US Commodity and Futures Trading Commission (CFTC) has issued an order filing and settling charges against David Liew for spoofing, attempted manipulation and manipulation in the gold and silver futures markets.

The Singapore Exchange (SGX) is inviting the public to comment on some proposed changes to rubber derivatives on its commodity platform, the Singapore Commodity Exchange (SICOM).

Singapore’s HRnetGroup is closing books on its S$174m ($125.7m) IPO a day earlier than planned after investors jumped onboard the deal.

Singaporean broadband provider NetLink Trust is set to begin investor education this week for its IPO, which could raise around $1.5bn, according to a banker close to the deal.

DBS Group sold its first senior unsecured bond in three years on Thursday, sealing a floating rate 2020 at a record tight spread for any Asia ex-Japan bank so far this year.

HSBC Holdings stormed into the Singapore dollar bank capital market on June 1 with a S$1bn ($722m) additional tier one that notched up a number of firsts, as the issuer took advantage of the liquidity and stability of the currency.

Investors threw their weight behind two IPOs in Asia this week, with WuXi Biologics set to price at the top of expectations in Hong Kong and Singapore’s HRnetGroup getting covered across the range.

DBS Group Holdings and HSBC Holdings are wooing debt investors, with the former seeking a dollar senior deal, and the latter a Singapore dollar perpetual. The Export-Import Bank of China (Chexim) is also collecting bids for its fundraising.

Credit Suisse and United Overseas Bank have become the latest lenders to be penalised by the Monetary Authority of Singapore for breaches related to scandal-hit Malaysian sovereign wealth fund 1MDB.

Singapore Exchange and Infocomm Media Development Authority (IMDA) signed a pact on Wednesday to help fast growing technology companies raise capital in the country's private and public markets.

DBS Group Holdings is preparing its comeback to the international bond market, having mandated leads for a senior outing denominated in dollars.