ANZ goes after Citi in Asia

ANZ goes after Citi in Asia

ANZ’s institutional banking chief Andrew Géczy throws down the gauntlet to global rivals as he looks to win market share, talent and deliver ROE at 13%.
Investors see attractive value in Chinese corporate issuers’ US dollar bonds, especially from the investment-grade space, as onshore credit conditions ease.
Tim Leissner will also retain his responsibilities as vice-chairman of investment banking in Asia ex-Japan.
The Chinese pork producer has lowered the valuation for its planned Hong Kong listing to a fixed price of HK$6.20 per unit from HK$8 to HK$11.25.
Joko “Jokowi” Widodo has officially won the election but business, the markets and foreign investors might have to wait a bit longer for clarity.
Baring Asia is buying a stake in the UK’s clothing retailer Cath Kidston, the latest private equity firm to see opportunities in helping western brands expand in Asia.

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