UBS

The deal exposes the risks associated with the high yield securities and is likely to make bank borrowing through bonds more expensive in the short term.

Kenji Yasui and Jaime Manzone will retain their current roles in addition to their new responsibilities.

Brendan Tu re-joins the bank after a stint at electronics manufacturer Foxconn.

UBS plans to advance its New Economy strategy with a new Hong Kong-based appointment.

With its third bond issue this year, the sovereign captured a favourable market window and is seen as unlikely to return in early 2021.

In the first such issue from Singapore since 2018, UOB has brought a covered bond that is not only the city-state’s largest ever, it is also its first with a negative yield.

The steepness of its curve lures offshore investors to the Australian Office of Financial Management’s fourth benchmark issue since the outbreak of the coronavirus pandemic.

Pundits have been calling Hong Kong's demise for decades, but with the rush of Chinese listings bringing in fresh liquidity, is it too soon to call time on the city as a financial hub?

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.