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Executive is moving to more senior role
India is on track for a record year of IPOs. Global tech giants continue to plough capital into a fast-growing consumer economy that is investing heavily in ensuring it’s a major player — along with the US and China — in an AI-first world
◆ Deal finds demand despite arrest of South Korea's president ◆ High single digit concession left for investors ◆ Leads added spread to calm concerns
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Bank of East Asia (China) has appointed Cartier Lam Chi-man as executive director and chief executive, succeeding Kwan Tat-cheong who will become senior adviser to BEA China.
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Invitations are out for a $300m three year borrowing for China ZhengTong Auto Services, a luxury auto dealership. Morgan Stanley is leading the deal, which can be increased in size based on the response.
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A man of my intelligence really ought to have known better. I should have trusted my instincts when an acquaintance I hadn't heard from in years invited me, out of the blue, to a news conference his company was holding in the Island Shangri-La hotel last week.
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ANZ has undergone a number of changes since Shayne Elliot took over as CEO a year ago, raising questions about the bank's commitment to Asia. But ANZ has not given up its ambitions to be Australia’s most international bank and Asia remains a key part of that strategy, Farhan Faruqui, head of international institutional business, said this week.
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Credit Suisse had a profitable third quarter in Asia Pacific, with modest growth in net revenues year-on-year, despite a large drop in pre-tax income when compared with the second quarter.
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Chinese banks have been winning loan mandates for corporate M&A and management buyouts originating from their home market. Now they turning their attention to financing more sponsor driven activity, as two mainland lenders have shown by joining a leveraged buyout loan for an acquisition by Carlyle Group. Shruti Chaturvedi reports.
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