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UBS has appointed Kevin Cui and Terry Schmassmann as co-heads of Asia DCM syndicate, effective immediately, according to an internal memo seen by GlobalCapital Asia.
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Deutsche Bank’s head of corporate finance EMEA, Alasdair Warren, has become the highest profile casualty of new CEO Christian Sewing’s cost-cutting drive, after failing to re-establish Deutsche at the summit of the European corporate finance rankings.
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Simon Gagey, the Southeast Asia head of loan syndicate and sales at BNP Paribas, will be relocating to Paris later this month, according to sources.
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Marc Lewell is returning to London after three years running JP Morgan’s Asia-Pacific syndicate, prompting the appointment of a new head of the desk.
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Jerome Leleu, co-head of equity capital markets for Asia Pacific at Morgan Stanley, has passed away at age 41.
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Banks can start using debt issued by green and small businesses to borrow from the Chinese central bank, markets watchdogs tighten cash withdrawal rules on money market funds, and the banking and insurance regulator tackles excessive corporate borrowing with new guidelines.