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The US bank is reshuffling several roles in the Middle East
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MUFG has promoted a 30-year veteran banker to lead its China corporate banking franchise in the Mainland.
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Deutsche Bank has hired a new head of global emerging markets business in Pakistan.
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Leaving investment banking to join the world of impact investing and environmental NGOs is not something people do lightly. But having made that move a decade ago, Keith Tuffley has been tempted back, to help shape the response of Citigroup’s investment bank to the accelerating rise of sustainability.
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DBS Securities (China) officially opened for business on Monday, as foreign banks continue to expand their presence in the mainland.
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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.