In the week ending October 9th 2020, HFR reported that hedge funds posted mixed declines in September as investor risk tolerance fell over uncertainty regarding additional coronavirus spreading in Europe and the US, the ...Article
The Bank of Japan has said that it will pay extra on the reserves it holds of banks that become more cost efficient or that merge. A similar policy could well be introduced in Europe
Market euphoria following news of Pfizer’s potential Covid-19 vaccine has helped underwriting banks dodge a likely loss on one of the hardest bridge loans to shift all year, with the bond now guided six points
Yves Mersch, one of the ECB governing council’s staunchest hawks, has a new argument for why the central bank must abridge its purchase programmes: by keeping down the borrowing costs of the eurozone periphery, the
UK chancellor Rishi Sunak’s announcement that large UK companies would need to make climate related disclosures whether listed or private was a step towards an important principle — that corporate transparency is a public good,
A block trade in Shenzhou International Group Holdings was launched on Tuesday evening. The deal could net up to HK$5.1bn ($659.3m), according to a term sheet seen by GlobalCapital Asia.
Ant Group’s IPO suspension was a big blow to many: the fintech giant itself, the banks that worked on its mammoth transaction and the investors that were salivating to get a piece of the company’s
Industrial and Commercial Bank of China (Asia)’s syndication and structured finance head has left the lender.
Three Chinese property companies launched dollar bonds on Monday, continuing to take advantage of the post-US election momentum.
China Orient Asset Management (International) Holding got nearly $10bn of orders for its $750m dual-tranche bond on Monday as it rode on a big rally in market sentiment after the US elections and its own
Malaysia’s RHB Banking Group has made two senior appointments at the firm.
Chinese auto finance company Tianjin Great Wall Binyin Automotive Finance Co got an international rating yet again for its return to the auto loan asset-backed securities market, a move that bankers say is in line
Ascendas Real Estate Investment Trust has launched an offering of new shares, eyeing S$1.2bn ($891.6m) to fund acquisitions across the US, Europe and Asia Pacific.
Gland Pharma, a subsidiary of Chinese conglomerate Shanghai Fosun Pharmaceutical Group, has started bookbuilding for its Indian IPO, set to be the largest pharmaceutical listing in the country.
Coronavirus triggers borrowing spree by private equity managers From FT: Private equity managers are turning to specialist borrowing facilities to ensure their highly leveraged strategies can survive the coronavirus pandemic, but there are growing concerns
India’s Emcure Pharmaceuticals has returned to the loan market after four years, seeking a small amount of $34m.
In the week ending October 9th 2020, HFR reported that hedge funds posted mixed declines in September as investor risk tolerance fell over uncertainty regarding additional coronavirus spreading in Europe and the US, the strength
The number of billionaires reached 2,189 up from 2,158 in 2017
The row erupted this week after an article in the New York Times alleged former Credit Suisse chief Tidjane Thiam was the victim of racism
Pritzker Private Capital (PPC) has agreed to acquire Highline Aftermarket, the leading manufacturer of windshield wash fluids in the US and a portfolio company of The Sterling Group; and Warren Distribution, one of the largest
