Russia’s PIK Group has plans to ramp up capital markets activity in the coming years, as the firm announces a consolidation of its shareholder structure with company president Sergei Gordeev buying out two minority holders.
Investment & Corporate Banking
World Bank president Jim Yong Kim sets out a radical agenda for his second term that will move it away from direct funding towards de-risking projects in Africa to make them more attractive to private capital.
Nigeria made a barn-storming return to the US dollar bond market when it defied expectations and shaky fundamentals to print below 8% yield on a book that almost hit US$8bn.
Qatar came bursting back onto the bond market at the end of May with a US$9bn triple tranche trade, with a deal that looks set to kick-start more issuance from the country.
BNY Mellon is strengthening its commitment and focus on the EMEA region with a senior level Markets appointment to a newly-created position.
Republic's 12-year euro issuance this week attracted orders of €1.7bn.
The finance boss continues to keep a careful eye on cash after moving the company's stock market listing from London back home to Dubai.
African bank's head of treasury expects to raise up to US$1bn this year.
"This marks the end of a standalone global investment banking model for RBS", says CEO McEwan.
Bank points to "well-diversified funding structure" and expected uptick in line with new strategy.
South African printing company reveals plans for March stock exchange launch.