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Some capital market staff laugh off risks, others worry about their families
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DBS Securities (China) officially opened for business on Monday, as foreign banks continue to expand their presence in the mainland. -
HSBC has appointed David Liao and Surendra Rosha as co-chief executives for its Asia Pacific business, succeeding veteran banker Peter Wong.
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In this round-up, China’s exports and imports grow at slower-than-expected rates in May, financial institutions will be evaluated on their performance in supporting the economic development of rural China, and two Chinese financial conglomerates plan to set up financial holding companies.
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In this round-up, US president Joe Biden signs an executive order that bans Americans from investing in Chinese companies allegedly operating in the defence or surveillance sectors, the People's Bank of China raises banks’ foreign exchange reserve requirement, and Beijing gives greater flexibility to securities companies on a ‘whitelist’.
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JP Morgan has appointed Andrew Verdasca as head of East Asia technology, media and telecommunications (TMT), according to an internal announcement seen by GlobalCapital Asia.
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Institutional and retail investors were in hot pursuit of China’s first nine infrastructure real estate investment trust (Reits) this week, as Beijing begins to develop the trillion-renminbi market.
