Goldman Sachs

Japan’s largest taxi-hailing app operator opened 21.25% above its offer price on the Tokyo Stock Exchange, with Nomura, Goldman Sachs and BofA Securities acting as joint global coordinators.

Chan will join from Goldman Sachs as head of markets solutions for financial institutions for Asia South and Asia North in July.

The partnership between the global bank, which opened an office in Abu Dhabi's financial centre last year, and the UAE sovereign fund, will have a particular focus on India.

Experts participating in a panel moderated by FA discussed the benefits of DLT and tokenisation across capital markets, and the efforts of banks and stock exchanges to leverage these emerging technologies.

Hong Kong-based Christina Ma replaces Dai Kitamura, who will leave the bank in November after extended leave.

Investors paid little attention to rhetoric between the US and China, with the internet company’s latest $950m bond massively oversubscribed.

The music platform shrugged off souring relations between China and the US, and hit all of the right notes with its two-part bond deal.

The technology giant has sold a $6 billion four-tranche bond which pushes its curve out to 40 years as it plans massive investment in technology infrastructure.

The international hunt for yield has helped the Philippines sell its largest-ever offshore bond, but despite a ratings upgrade by S&P, it must balance fiscal easing with a balanced currency.