Credit Suisse hired for AIA IPO

Months after advising Prudential on its failed $35.5bn (£23bn) bid for AIA, Credit Suisse has been hired to help the Asian business float on the Hong Kong stock exchange. Credit Suisse joins Bank of America Merrill Lynch, Goldman Sachs, Morgan?Stanley, Citigroup and?Deutsche Bank on AIA’s initial public offering (IPO), whose basic features will be worked out over the next fortnight.