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Thursday 16 May, 2013
 
 

HEADLINES

Galaxy Securities prices IPO at low end to raise $1.1 billion

HSBC plans 14,000 more job cuts to save $3 billion

DLF raises $341 million from sale of new shares

Time to switch out of bonds, says Pioneer CIO

Hong Kong financiers are unhappy

Top Story
Galaxy Securities prices IPO at low end to raise $1.1 billion

Retail investors take 30% of the base deal, prompting a squeeze in the institutional order book even though the Chinese brokerage comes at a relatively tight discount to Haitong Securities.

By Anette Jönsson | 16 May 2013

HSBC plans 14,000 more job cuts to save $3 billion

HSBC CEO Stuart Gulliver announces additional job losses by 2016 in an attempt to reduce costs.

By Rupert Walker | 16 May 2013

DLF raises $341 million from sale of new shares

The deal is done ahead of a June deadline for Indian companies to meet a 25% free-float requirement and is expected to be followed by several others. Separately, Just Dial will launch its long-awaited IPO next week.

By Anette Jönsson | 16 May 2013

Time to switch out of bonds, says Pioneer CIO

Giordano Lombardo, Pioneer Investments' group CIO, gives his views on why investors should be switching from bonds to stocks.

By Denise Wee | 16 May 2013

Hong Kong financiers are unhappy

Nearly three-quarters of Hong Kong finance professionals plan to move jobs, according to eFinancial Careers' annual survey.

By Rupert Walker | 16 May 2013

more »

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MORE HEADLINES

Southeast Asian placements raise a combined $565 million

Pertamina sells Indonesia’s biggest dollar bond

Barclays appoints Nick Wright to head Asia equities

StanChart hires Philip Tulk from RBS

Langham Hospitality aims to raise up to $589 million from base deal

Investor education starts for AirAsia X’s Malaysia IPO

more »

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Galleries

2nd Annual Asia-Pacific Corporate Funding Forum
18 March 2013
(71 images)

4th Annual Asia-Pacific Debt Investor Forum
18 March 2013
(44 images)

 

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Credit Suisse builds hedge fund sales

UBS appoints co-heads of equities for Asia-Pacific

CIMB hires senior property and insurance analysts for HK/China

FinanceAsia Country Awards for Achievement 2013

Barclays appoints Nick Wright to head Asia equities

 

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Jobs

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LATEST : The Corporate Treasurer

Citi dismantles “Citi Transaction Services”; names new line up

FX VOICE: The ringgit's spectacular rise

New interactive webcast service launched

Final nail in the Libor coffin

Q&A: PT Shell Indonesia

Latest from Corporate Treasurer

 

Conferences

Inaugural Bangladesh Investment Summit, Europe

5th Annual Corporate Treasury & CFO Summit - Philippines

2nd Annual Africa Investment Summit

 

Magazine

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April 2013

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