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The US bank is reshuffling several roles in the Middle East
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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.
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Crédit Agricole has named Ravi Nichani as head of acquisition finance and advisory for Asia Pacific, and leveraged and telecom finance group for Asia, effective in August.
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CréditAg taps Nichani for acquisition finance — UBS hires for ECM from CMBI — SGX picks Goldman banker — CréditAg names sustainable banking head — Deutsche adds to coverage teams — Poon leads ING’s HK and China business — New APLMA chairman
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UBS has hired a new co-head of equity capital markets for Asia, with Zili Guo returning to the bank after five years.