FinanceAsia

Dealogic league table roundup, March 12

Fri, 12 Mar 2010 17:44:00 GMT

Equity and debt capital markets issuance continue at a steady pace.

Fortis Healthcare buys TPG stake in Parkway

Fri, 12 Mar 2010 09:02:00 GMT

Indian hospital operator Fortis Healthcare pays $686 million to become the largest shareholder in Singapore-based pan-Asia hospital group Parkway Holdings.

Japan Achievement Awards 2009: Day 2

Fri, 12 Mar 2010 09:00:00 GMT

We reveal the houses that had the best year in 2009 in our third annual Achievement Awards for Japan.

China Mobile invests $5.8 billion in Shanghai Pudong Development Bank

Fri, 12 Mar 2010 09:00:00 GMT

China Mobile aims to tap into the growing potential for mobile finance and mobile e-commerce through a 20% stake in Shanghai Pudong Development Bank.

Loan Week, March 5-11

Fri, 12 Mar 2010 09:00:00 GMT

A roundup of the latest syndicated loan market news.

Sofa maker seeks Hong Kong IPO after delisting from SGX

Fri, 12 Mar 2010 09:00:00 GMT

Man Wah, which was listed in Singapore until last year and generates almost half of its earnings from the US, is looking to China for its next growth driver.

Kaku Nakhate rejoins Bank of America Merrill Lynch

Fri, 12 Mar 2010 09:00:00 GMT

Bank of America Merrill Lynch lures Kaku Nakhate back from J.P. Morgan to become country head for India.

Bakrieland launches $150 million convertible bond

Thu, 11 Mar 2010 09:00:00 GMT

The Indonesian property developer is offering bonds with a coupon of up to 8.625% and a conversion premium of 20% to 25%. The deal is expected to price tomorrow.

Japan Achievement Awards 2009: Day 1

Thu, 11 Mar 2010 09:00:00 GMT

We reveal the best deals of 2009 in our third annual Achievement Awards for Japan. The winning houses will be announced tomorrow.

Regulatory reform is the way forward for Japan

Thu, 11 Mar 2010 09:00:00 GMT

Delegates at a Japan CFO roundtable emphasise regulatory reform instead of economic stimulus as a way to support the Japanese economy.

RBS hires in Japan

Thu, 11 Mar 2010 09:00:00 GMT

The Royal Bank of Scotland hires Ernfred Olsen as country executive and head of global banking and markets as it builds its Japan team.

Prudent acquisition?

Thu, 11 Mar 2010 09:00:00 GMT

FinanceAsia readers give the thumbs-up to Prudential's record $35.5 billion acquisition of AIA.

Fred Hu to retire from Goldman Sachs

Thu, 11 Mar 2010 08:02:00 GMT

Fred Hu is leaving Goldman Sachs, but will become an advisory director for the firm.

Zhongsheng resumes IPO, but halves the size

Wed, 10 Mar 2010 09:02:00 GMT

The Chinese car dealer decides to sell a smaller portion of its enlarged share capital at this time, believing that the stock will command a higher valuation in the long term, sources say.

NMDC sets price range for $2.6 billion follow-on

Wed, 10 Mar 2010 09:00:00 GMT

The government's sell-down in the country's largest iron ore miner will boost the free-float to 10%, but valuation multiples suggest it could be a tough sell.

Citi hires hedge fund manager John Liptak from Tribridge

Wed, 10 Mar 2010 09:00:00 GMT

John Liptak takes on a new role as Citi’s head of Asia-Pacific distressed and special situations after only nine months with Tribridge Investment Partners.

Shinhan Bank sells benchmark $700 million bond

Wed, 10 Mar 2010 09:00:00 GMT

Following on from Kexim’s successful issue last week, Shinhan Bank comes to market with a tightly priced 5.5-year security.

Asia headcount grows fivefold at BSI

Wed, 10 Mar 2010 07:25:00 GMT

The Swiss private bank has been hiring feverishly in the region, but may find it harder to attract talent down the road.

Gaurav Gupta to head Macquarie Capital Advisers in India

Tue, 09 Mar 2010 09:02:00 GMT

Gaurav Gupta will join Macquarie from Nomura to head investment banking for India, a position that opened up when Varun Bajpai moved on to head a new Macquarie India fund initiative.

Treasury appointments, March 9

Tue, 09 Mar 2010 09:00:00 GMT

A roundup of the latest CFO and treasurer moves from around the region.

Munir Nanji fills bank services gap at Citi

Tue, 09 Mar 2010 09:00:00 GMT

Citi appoints Munir Nanji to vacant Asia-Pacific bank services group head position.

Wells Fargo gets a trade processing bonus

Tue, 09 Mar 2010 09:00:00 GMT

Wells Fargo global trade services head Steven Nichols takes a walk through the bank’s newly acquired trade document processing centre.

Indian deals suggest confidence is returning

Tue, 09 Mar 2010 09:00:00 GMT

An existing shareholder sells $422 million worth of shares in Tata Motors, while Exide Industries completes a $119 million QIP. Meanwhile, in Hong Kong, Zhongsheng prepares to start the bookbuilding for its recently withdrawn IPO of up to $1 billion.

Chinese banks target SMEs with new treasury offerings

Tue, 09 Mar 2010 09:00:00 GMT

Competition among China’s banks is set to rise as demand for cash management from local SMEs increases.

Payment news, March 9

Tue, 09 Mar 2010 09:00:00 GMT

Scotch tape maker 3M selects a new enterprise resource planning system, while treasury and remittance options expand in Southeast Asia.