BLOOMBERG  Citigroup Inc’s India unit is planning to offer sustainability-linked deposits in the coming months to its corporate and institutional clients, making it the first-of-its-kind product offering in the country, according to people familiar with the matter. Money raised from these deposits will be invested by Citi to help multinational customers meet their environmental, social and governance (ESG) obligations in ...

BLOOMBERG  An HSBC Holdings Plc shareholder in Hong Kong is lobbying institutional shareholders to vote in favour of a proposal to restructure the lender’s business at its annual general meeting on May 5. Ken Lui, leader of the “Spin Off HSBC Asia Concern Group,” has hired Alliance Advisors, a firm specialising in shareholder engagement to help in identifying and contacting ...

BLOOMBERG  A group of lenders led by the Royal Bank of Canada (RBC) has commenced an up to $2.75 billion leveraged loan sale supporting Blackstone Inc’s deal for an Emerson Electric Co unit, according to people familiar with the matter. The new loan is part of a $5.5 billion debt package being brought to public markets that would replace both ...