Standard Chartered

Standard Chartered has hired industry veteran Roberto Hoornweg as global head, financial markets, set to start in the New Year.

A HK$4.851bn ($625m) leveraged buyout financing to back the acquisition of Wharf T&T by MBK Partners and TPG Capital has closed in syndication, with 13 banks joining the leads.

Nigeria has picked three banks to manage its first sovereign trade since July 2013.

Lloyds has become the third UK bank to soak up strong demand for holding company level senior debt in the Samurai market this year, though the lack of clarity around risk-weightings continues to limit bank treasury involvement.

Five lenders have joined HSBC at the top level of Saudi British Bank’s (SABB’s) $450m syndicated loan, the bank’s first dollar deal from international lenders.

The first day of trading on the long hailed Shenzhen-Hong Kong Stock Connect ended in a whimper, with just a fifth of the daily net trading quota used up. But Charles Li, chief executive of the Hong Kong Exchange (HKEX) was clear the bridge will serve its purpose in the long run.

Panda bonds are attracting plenty of interest but accounting issues and China’s scrutiny of global auditors are proving to be the biggest impediments to the asset class, according to panelists speaking at the IFLR Asia 2016 Capital Markets Forum.

The Republic of Indonesia has reopened the G3 emerging market sovereign bond market, printing the first deal since the US election and raising $3bn in a triple tranche issue on December 1.

The Monetary Authority of Singapore (MAS) has fined two more banks and sanctioned a former Goldman Sachs executive for breaches related to the disgraced Malaysian sovereign wealth fund 1MDB.

South Korea's Shinhan Bank raised $500m on Wednesday, to match its March tier two dollar deal in size, but was forced to pay up to make it happen.

The Republic of Indonesia popped into the market Thursday morning, kicking off December with a new triple tranche dollar deal, the second year in a row it has hit the bond market in the last month of the year.

Royal Bank of Scotland submitted a revised capital plan after failing the Bank of England’s 2016 stress test this week, with the UK lender’s large potential misconduct fines playing an important role in its poor test performance.