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Banker had been with Dutch lender for just over a year
Two more follow Darwish and Safa leaving last month
The US bank is reshuffling several roles in the Middle East
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Bank of China has received the green light to raise as much as Rmb40bn ($5.88bn) from a perpetual additional tier one bond in its domestic market, opening a new funding channel for Chinese banks. But although a flagship bank is leading the way, smaller institutions may find the perpetual format more compelling. Rebecca Feng reports. -
Goldman Sachs has appointed Jung Min as co-head of its Asia Pacific ex-Japan technology, media and telecom group.
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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.
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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.
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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.
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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.
