Asian banks actively expanding syndicates

摘要

Asian banks based in Hong Kong are hiring more actively than their US and European counterparts as they seek to boost their syndicated loan teams and climb the related league tables. Australian, Chinese, Japanese and Singaporean banks have topped the Hong Kong league table for mandated lead arrangers since 2009, which European and US banks had dominated a decade ago, according to Thomson Reuters LPC. More Asian lenders, particularly Chinese ones, such as China Minsheng Bank, China Everbright Bank and Ping An Bank, have set up new Hong Kong branches in the last two years as they try to enter the local syndicated loans market.