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Divisions deepen over multilateral development banks’ climate commitments
Deal rules and slow primary market make ramping up deals difficult
◆ Supranationals and agencies prepare to achieve the previously unthinkable ◆ Leveraged loans versus private credit and their effect on CLOs ◆ A new dawn for dollar covered bonds and UK equity market structure
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Syndicated loans banker Marilyn Fung has joined Standard Chartered’s loan syndication team in Singapore. -
Deutsche Bank has made more changes to its Asia investment bank, including job cuts and new postings for senior bankers, as it shifts the focus of its business.
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BUUK Infrastructure, a UK utilities firm formerly called Brookfield Utilities, has sold US private placements, according to market participants.
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ING's Turkish arm, ING Bank AS, has raised a $309m-equivalent trade finance loan from international lenders. The deal is a precursor to the year's second round of Turkish bank refinances, expected to begin in the next month.
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UK energy supplier SSE is in talks to sell its retail business, SSE Energy Services, to Ovo Group, in a deal that could propel the latter to become one of the biggest firm's in the industry in the country.
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Middle East loans activity has fallen this year, confounding last year's hopes among bankers, with blame falling indirectly on the US-China trade war and sluggish global growth.
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