People and markets news in brief: August 2, 2018

HSBC
By John Loh, Morgan Davis, Pan Yue
02 Aug 2018

Veteran loans banker joins rival — HSBC names new India CEO — SBI Caps pulls out of debt syndication

Ashish Sharma, one of Asia's most senior bankers in loan syndication, is set to join HSBC once his gardening leave ends in August. 

Sharma surprised the market when he left Credit Suisse in March after a five-year stint as head of loan syndications for

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