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Nomura has grabbed senior Hong Kong-based banker Perry Tsea from Deutsche Bank to lead its Greater China financial institutions group. -
With 65m people displaced worldwide, the refugee crisis can seem insurmountable. But despite this daunting scale, initiatives are being tried that could help some of those affected. Citigroup’s charitable foundation is giving $2m to a project to train refugees for the job market and entrepreneurship, in Greece, Jordan and Nigeria.
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China and Luxembourg made their first collaboration in equities on September 28, launching a green stock index. But experts say that while indices such as this are necessary for Chinese green finance to grow, they are not sufficient to ensure its success.
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The head of credit for Axis Bank in Hong Kong has resigned and will be joining financial services firm Cantor Fitzgerald in October, sources told GlobalCapital Asia.
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The Asian Development Bank (ADB) revises up its China economic growth forecast, China’s current account surplus falls to $69.3bn in the first half, and officials from the Philippines begin their roadshow for the country’s first Panda bond issuance.
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Macquarie Capital has appointed Justin Ocampo as a managing director and the head of its Philippines office.
