Tag: bank of america merrill lynch

Bank of America Merrill Lynch lures Kaku Nakhate back from J.P. Morgan to become country head for India. Following on from Kexim’s successful issue last week, Shinhan Bank comes to market with a tightly priced 5.5-year security. Former head of Asia fixed-income capital markets at Deutsche, Michael Luk, moves to Bank of America Merrill Lynch to take on a bigger role as head of Asia-Pacific debt capital ... Paul Donofrio will lead Bank of America Merrill Lynch’s global corporate and investment banking operations. Power sector financing company Rural Electrification Corp will be the second issuer to use a French auction, although the auction has been modified to allow investors to lower ... DSP Merrill Lynch makes Pradeep Dokania chairman of global wealth and investment management for India, and transfers Atul Singh from Singapore to take on the role as head of ... Distelbrink leaves Citi just eight months after being promoted to head of treasury and trade solutions for Asia-Pacific and Japan. Relationships are the most important factor in winning transaction banking business, reports Celent. The size of the offering is cut by more than half as the global equity environment deteriorates, but the remaining deal is well-covered. Evergrande’s $750 million high-yield issue hits the market on a day when trading suffers in response to President Obama’s proposed new limits on US banks. Davies assumes the title of head of Asia generalist sales. The PET producer is looking to raise up to $347 million from the IPO, while shareholders of a soon-to-be-delisted subsidiary are being offered the opportunity to swap their ... Bank of America Merrill Lynch poaches Chris Gammons from Citi to head its private equity business in Asia. The Hong Kong stock exchange wants more time to go through the listing documentation, sources say, leaving no room for the Russian aluminium giant to go public before year end. Bank of America Merrill Lynch raises $19.3 billion through a share sale as part of a plan to repay its Tarp funding and extricate itself from government controls. The senior debt capital markets banker decides to tie his fortunes to Bank of America Merrill Lynch rather than UBS. The Dubai government’s request for a standstill on Dubai World debt could be the beginning of a sovereign default. Japan Airlines posts a record loss, while US suitors American Airlines and Delta continue to circle. As the Chinese manufacturer of tunnelling machinery starts its roadshow, Mingfa mines new lows in terms of Chinese property IPO valuations. Finger Interests, a large shareholder in Bank of America Merrill Lynch, has pressed the case for an external candidate to replace Ken Lewis, and has even suggested 18 potential ...