Standard Chartered launched a $5.3 billion rights issue to bolster its finances in response to Basel regulations and to take advantage of growth opportunities. The cash is not however a war chest for acquisitions, Chief Executive Peter Sands said. *View article *View analysis on the stringent new rules for banks *View article on other banks following Standard Chartered’s lead
China has the world’s largest IPO market this year and next year could be even busier if the government allows foreign companies to sell shares on its stock markets, an executive at Credit Suisse said. *View article
Matt Rosoff at Business Insider predicts a deal is still coming from Microsoft and Adobe. *View article



New capital rules set by global regulators brought relief to the world’s banks on Monday, giving weaker lenders time to raise funds and freeing the strong to lift dividends or hit the acquisition trail. *