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Tucker Highfield, Credit Suisse’s head of equity syndicate for Asia ex-Japan, has left the firm to join Bank of America Merrill Lynch, according to sources. -
Citi has appointed one of its most senior bankers Angel Ng as head of Hong Kong and Macau, according to a press release on Friday.
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HSBC has created a new head of Belt and Road Initiative (BRI) position for Asia Pacific, naming Mukhtar Hussain to the job.
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China unveiled a slew of measures to open up its financial markets this week, including providing a timeframe for removing caps on foreign ownership in the financial sector and bumping up daily trading quotas on Stock Connect. The reforms come as trade tensions between the Mainland and the US intensify, writes Noah Sin.
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Once again, Deutsche Bank is at a crossroads. After a tough few years, it is still strong enough to fight back in global investment banking. New CEO Christian Sewing will decide whether it does. He seems rational and determined, but does he have the stomach for the battle?
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The Reserve Bank of India (RBI) has raised the cap on foreign investment in rupee debt, giving a boost to a market whose growth was hindered last summer due to restrictions.
