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Senior banker will move to Abu Dhabi to take up position
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Fortune Fountain Capital, a financial services firm, has hired loans banker Hei Man Leung from China Minsheng Banking Corp.
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Credit Suisse has rejigged the leadership of its private bank in Asia, making Francois Monnet and Benjamin Cavalli heads of the division for north and south Asia respectively.
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Jose Arnulfo “Wick” Veloso has resigned from his position as president and chief executive of HSBC Philippines.
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More details have emerged about veteran loans banker Ashish Sharma’s new job at HSBC.
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Gaurav Bhagat, Standard Chartered’s head of capital markets for financial institutions group in South Asia, has left the bank.
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Bank of China becomes the RMB clearing bank for a financial centre in Malaysia, a Chinese credit rating agency is in trouble with two regulators after breaching rules in the exchange and interbank bond markets, and the People’s Bank of China reportedly blocks RMB flowing out of free trade zones (FTZs).