Latest bank capital news

  • ‘Fire and fury’ rhetoric does not hold back Korean issuers

    US President Donald Trump’s unexpected threat against North Korean leader Kim Jong-un last week alarmed investors, pushing down South Korean offshore bonds. But Korean issuers this week shrugged off concerns of a long-term problem and are already making plans to return to the market. Morgan Davis reports.

    • 11:15 AM
  • CMB gears up for $1bn-plus offshore AT1

    China Merchants Bank Co has received the blessing from the China Banking Regulatory Commission to raise Rmb35bn ($5.25bn) in additional tier one capital from the domestic and foreign markets.

    • 14 Aug 2017
  • Postal Savings Bank closes in on $7bn-plus AT1

    China’s banking regulator has given Postal Savings Bank of China Co the go-ahead to raise additional tier one capital offshore, adding to the hefty issuance pipeline from the country’s commercial banks.

    • 07 Aug 2017
  • IBK keeps debut AT1 small despite investor enthusiasm

    Industrial Bank of Korea (IBK) raised $300m from its first trip to the additional tier one market on Monday. Investors embraced the structure, pushing the books to eight times covered.

    • 25 Jul 2017
  • Chong Hing wraps up exchange of legacy notes

    Chong Hing Bank wrapped up the exchange portion of its legacy tier two bonds last Friday, soon after raising $360m from a 7.5x covered new money transaction that was buoyed by its rarity value.

    • 24 Jul 2017
  • IBK launches first Korean policy bank AT1

    Industrial Bank of Korea (IBK) began marketing a subordinated perpetual bond on Monday morning, the first dollar additional tier one note from a South Korean policy bank.

    • 24 Jul 2017
  • China Life Overseas gets huge bid after capping bond

    China Life Insurance (Overseas) Company’s $250m bond generated huge demand on Thursday, with final books hitting $3.9bn. Market participants reckon the issuer priced through theoretical fair value.

    • 21 Jul 2017
  • China Life Overseas seeks up to $250m from 10NC5

    China Life Insurance (Overseas) Company is marketing a 10 non call five subordinated bond on Thursday, capping the deal size at $250m.

    • 20 Jul 2017
  • No premium needed for Chong Hing’s Basel III tier two

    Chong Hing Bank raised $360m on Monday from Asia’s first Basel III compliant tier two dollar bond of the year, benefiting from the rarity of the structure in the region’s dollar market.

    • 18 Jul 2017
  • Kyobo Life throws open market for Korean lifers

    Investors gave Kyobo Life Insurance Co a warm welcome as it debuted in the market on Monday with the first dollar bond from a South Korean life insurance company.

    • 18 Jul 2017

Bank capital news archive

Panda Bonds Top Arrangers

Rank Arranger Share % by Volume
1 CITIC Securities 30.19
2 China CITIC Bank Corp 12.38
3 Bank of China (BOC) 11.61
4 Everbright Securities 10.84
5 China Merchants Bank Co 10.06

Bookrunners of Asia-Pac (ex-Japan) ECM

Rank Lead Manager Amount $m No of issues Share %
  • Last updated
  • 16 Aug 2017
1 CITIC Securities 8,097.43 46 5.53%
2 Goldman Sachs 7,852.12 33 5.37%
3 China International Capital Corp Ltd 7,824.36 37 5.35%
4 UBS 6,615.59 48 4.52%
5 Citi 6,126.08 41 4.19%

Bookrunners of Asia Pacific (ex-Japan) G3 DCM

Rank Lead Manager Amount $m No of issues Share %
  • Last updated
  • 16 Aug 2017
1 HSBC 23,545.07 151 8.81%
2 Citi 19,731.61 125 7.38%
3 JPMorgan 16,539.95 93 6.19%
4 Standard Chartered Bank 12,677.71 92 4.74%
5 Bank of America Merrill Lynch 11,943.66 69 4.47%

Asian polls & awards

  • RMB internationalisation: 10 questions for the market, part 2

    Every year, our sister publication Asiamoney carries out an Offshore RMB Poll. As part of that process, the magazine asks the market for its thoughts on important renminbi topics. In this third year, we received around 2,300 valid responses, up 3% on a year ago. The ten questions included a new one on the inclusion of onshore RMB assets in global indices. Here we present the answers to the final five questions.

  • RMB internationalisation: 10 questions for the market, part 1

    Every year, our sister publication Asiamoney carries out an Offshore RMB Poll. As part of that process, the magazine asks the market for its thoughts on important renminbi topics. In this third year, we received around 2,300 valid responses, up 3% on a year ago. The ten questions included a new one on the inclusion of onshore RMB assets in global indices. Here we present the answers to the first five questions.

  • Made in China: The best banks and deals of 2016

    You know who won, now find out why. GlobalCapital Asia and Asiamoney present the extended results of our 2016 China Deals and Investment Bank of the Year awards, recognising achievement both on and offshore.

  • Asia’s standout deals

    GlobalCapital Asia and Asiamoney present the extended results for our 2016 Best Country Deals. Discover why these bond, equity and loan transactions delivered outstanding outcomes for issuers and investors.

  • Aussie award winners: The best banks and deals of 2016

    The names have been announced, now find out why they stood out from the crowd. GlobalCapital Asia and Asiamoney present the extended results for our 2016 Australia Deals and Investment Bank of the Year awards, recognising achievement in equities, bonds, loans and investment banking.