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Crédit Agricole reorganises loans business amid busy hires and promotions in industry
The future of the great investment banking Gulf expansion
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Foreign banks are eager to gain full control of their Chinese securities joint ventures, after the regulator said it was abolishing a cap on foreign ownership. But fierce competition and difficult onshore regulations mean it is a long, rocky road ahead. Rebecca Feng reports.
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Citi has made Peter Babej, head of its financial institutions group, its new chief executive officer in Asia Pacific, looking outside the region for a replacement of former boss Francisco Aristeguieta.
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The Securities and Futures Commission’s chief executive officer Ashley Alder is set to step down in September next year.
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Hong Kong’s stock exchange has hired former employee Bonnie Y Chan as its new head of listing. She will start next year.
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DBS has hired Deutsche Bank’s former Indonesia country head to run its institutional banking group in the southeast Asian country.
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In this round-up, China and the United States emerged out of a two-day trade talk with a “phase one” deal, China’s securities regulator set dates for further opening up of onshore financial markets and the Monetary Authority of Macau plans to launch a Nasdaq-like stock exchange for the offshore renminbi market.