Last week, news that Deutsche Bank would fold its global equities business and terminate almost 20,000 of its employees came as a shock for market observers. read
I gave a video interview to Asia banking reporter Enda Curran from the Wall Street Journal. read
According to database company Dealogic, global IPO volume in 2013 totaled US$173.3 billion via 934 deals, up 39% on 2012 (US$124.3 billion, 821 deals) and represented the highest volume since 2010 (US$281.4 billion).
HONG KONG (Dow Jones Investment Banker) – Underwriters persistently rake in higher IPO fees in the US than in other markets. But with foreign companies increasingly shunning US listings, the American premium may be hard to sustain.
On 3 November 2011, I gave a presentation at the Stock Exchange of Hong Kong (HKEx) on opportunities for listing European companies there. The presentation was organized at the initiative of the European Chamber of Commerce in Hong Kong and of the EU Business Information Programme (EUBIP). read
HONG KONG (Dow Jones Investment Banker) – In contrast to the lackluster European IPO market, new listings in Asia have continued unabated in the first half of this year. And while some 40 deals have been pulled on account of market volatility, year-to-date volumes are close to those in 2010. Asia has remained largely immune to the macro events affecting the EMEA region. Healthy growth rates have continued to fuel consumption and infrastructure stories, and local exchanges have benefited from innovation and aggressive marketing.