UBS
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Ak Bars Bank has released guidance of 8% area yield for the first Russian new issue of 2015. Bankers away from the deal refuse to believe that the bond was not largely pre-sold.
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Deutsche Bank, Goldman Sachs, Morgan Stanley and UBS are paying the most for analyst-level staff, according to salary benchmarking site Emolument.com.
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Central China Securities Co wrapped up a HK$2.53bn ($327m) placement on July 24, allowing its shares to resume trading on Monday after what had turned out to be a longer-than-usual bookbuilding process.
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UBS will begin issuing TLAC-eligible holding company debt in the third quarter of this year, when it also plans to return to the additional tier one (AT1) market it debuted in earlier this year.
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China Railway Signal & Communication Corp (CRSC) hit the road for its HK$14.00bn ($1.81bn) IPO in Hong Kong on July 27, launching the trade with a covered book and putting half of the offering in the hands of a whopping 16 cornerstone investors.
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Bluefield Partners, the UK investment adviser focused on solar power infrastructure, is pressing on with its bid to float a fund, Bluefield European Solar Fund, despite the failure of a similar deal today.
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J Sainsbury, the UK supermarket chain, raised £500m of hybrid capital on Thursday with twin issues of a convertible bond and a regular hybrid bond.
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UBS has added to its emerging market credit sales capabilities with a hire from Mizuho.
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The primary market for peripheral European covered bonds leapt back to life this week after a 12 week hiatus, with investors queuing up to buy a series of deals that emerged in quick succession.
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Fiat Chrysler Automobiles put to rest rumours about the bank group working on its much-hyped spin-off of Ferrari, the Italian luxury sports car manufacturer, on Thursday, as it announced that two European houses and one American one were to lead the transaction.
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RWE, the German power company, sold its second hybrid capital bond of 2015 on Thursday — unusually choosing the Eurodollar market — to garner demand from yield-hungry investors in Asia and Switzerland.
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Ado Properties, the Berlin-focused residential property company, priced its relaunched IPO on Wednesday at the bottom of its price range. The shares fell 2.5% on their debut on Thursday.