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The US bank is reshuffling several roles in the Middle East
Senior banker will move to Abu Dhabi to take up position
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FX watchdog grants $8.34bn of quotas for the qualified domestic institutional investor (QDII) outbound investment programme, the leadership of the ruling Communist Party reinforces the promise to open up markets, and Bond Connect sees growing Q1 investments. -
MUFG has started a round of redundancies in its securities business, with several jobs in London and New York said to be at risk. GIobalCapital understands that not all those who will be put at risk of redundancy have yet been notified but fewer than 35 staff will be affected.
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The Singapore equity capital market was hit by some unpleasant news this week when a pair of IPOs were shelved in quick succession. The move drew mixed responses from bankers, with one saying it highlights the city’s dwindling appeal as a listings hub, and others promising a busy year ahead for equity raising. John Loh reports.
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The Hong Kong Stock Exchange will start taking IPO applications from April 30 under its new regime to encourage technology listings.
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Karen Pang, an equity-linked banker based in Hong Kong, has left BNP Paribas for a new role in Deutsche Bank, according to two sources with knowledge of the move.
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Société Générale has appointed new sales heads for Asia Pacific and Europe within its global markets division, according to a press release on Wednesday.
