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Morgan Stanley hires for MENA DCM


Well known banker moves to take MD role
International banks still hiring
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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  • Goldman Sachs has appointed Jung Min as co-head of its Asia Pacific ex-Japan technology, media and telecom group.
  • Samsung BioLogics has caught a break after a South Korean court suspended the disciplinary action brought against the company by the country’s financial regulator for alleged accounting fraud.
  • Renaissance Capital has hired a former Morgan Stanley managing director to the roles of chairman of the board of directors for South Africa and head of investment banking for Africa. The hire marks the latest development in the bank’s push into Africa.
  • The Reserve Bank of India’s recent relaxation of rules governing offshore fundraising is set to give a fillip to dollar loan volumes from the country, bankers told GlobalCapital Asia this week.
  • The China Securities Regulatory Commission (CSRC) has cut the membership of its IPO review committee by two thirds, from 63 to 21. Of those 21, there are 12 new members.
  • The Reserve Bank of India’s recent reforms to its external commercial borrowings (ECB) policy make for a simpler and looser process for firms raising debt offshore. But the central bank has also put up new roadblocks for issuers that could drastically affect their access to capital markets.