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JPMorgan sees more Saudi firms looking at int’l listings

ABU DHABI / Reuters JPMorgan is in early talks with Saudi Arabian companies about overseas listings, its investment bank chief said, raising the possibility that more firms could join oil giant Saudi Aramco in seeking an international flotation. JPMorgan is among the banks advising Aramco on an international public offering (IPO), sources have told Reuters. Aramco’s listing is part of ...

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Deutsche Bank doubles down on leveraged loans in growth push

Bloomberg As John Cryan mulls steps to restore growth at Deutsche Bank AG, he’s counting on US companies’ appetite for ever more debt to help lead the charge. The Frankfurt-based lender added 24 managing directors and directors at its US corporate finance business this year, a record hiring pace, according to Mark Fedorcik, co-head of Deutsche Bank’s global capital markets ...

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BlackRock sees major Australia banks cutting bonds as property lending slows

Bloomberg Australia’s major banks will sell fewer local currency bonds next year as property lending cools in one of the world’s most heated real estate markets. That’s the view of BlackRock Inc.’s head of fixed income in Australia Craig Vardy. The forecast concerning the lenders — some of the biggest corporate note issuers Down Under — comes as restrictions take ...

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