United States

Credit spreads held firm in the US corporate bond market on Thursday, despite a sell-off in Treasuries after the Federal Open Market Committee took a tone interpreted as hawkish. Three companies were tempted to issue.

Macquarie Group secured its tightest ever pricing for a dollar trade as it took advantage of strong funding conditions this week with a 144A/Reg senior offering.

China’s Full Truck Alliance, an Uber-like service for trucks, launched an IPO on the New York Stock Exchange this week. It is aiming to raise up to $1.56bn.

Credit Suisse’s investment bankers are looking to its top ranks for an injection of belief in the future of the business, following cuts to the bonus pool and defections from those with less patience, writes David Rothnie.

HSBC Asset Management is unifying its alternatives businesses, creating a single 150-strong team led by Joanna Munro, previously the firm’s global chief investment officer, in London.

A trio of senior bankers from Credit Suisse’s European financial institutions group (FIG) have followed the team’s European head to Jefferies.

LinkDoc Technology, a cancer-focused medical data company, has filed paperwork for a $100m offering of American depository shares (ADS).

Aihuishou International, a marketplace for second-hand electronics, has kicked off a $243.5m IPO on the New York Stock Exchange.

The Spac phenomenon in the US appears to be reaching a tipping point, after whetting the appetite of investors over the past year and offering juicy fees to investment banks. As the market in Asia gets ready for take off, firms should be wary of the obstacles they may face.

As much as everyone would like to put the UK's messy divorce from the EU behind them, it remains a very live topic — especially for bankers who don't want to live in Frankfurt.

Chinese ride-hailing firm Didi Chuxing has publicly filed for what is likely to be a jumbo IPO in the US, putting in motion its founders’ plans to become a ‘truly global technology company’.

Dollar corporate bond issuers enjoyed tight pricing this week, as investors devoured a serving of deals that was smaller than expected.