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Samsung BioLogics has caught a break after a South Korean court suspended the disciplinary action brought against the company by the country’s financial regulator for alleged accounting fraud.
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Renaissance Capital has hired a former Morgan Stanley managing director to the roles of chairman of the board of directors for South Africa and head of investment banking for Africa. The hire marks the latest development in the bank’s push into Africa.
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The China Securities Regulatory Commission (CSRC) has cut the membership of its IPO review committee by two thirds, from 63 to 21. Of those 21, there are 12 new members.
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Hugo Peek has stepped down as CEO of ABN Amro’s corporate and institutional bank in Europe, the Middle East and Africa, following a restructuring at the Dutch lender.
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Investec CIB has hired Jonathan Arrowsmith into its investment banking team as head of advisory.
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Isabel Mahony, who had been head of fixed income sales and trading EMEA and Asia ex-Japan at SMBC Nikko Capital Markets, has left to the firm to join children's magazine Scoop as chief financial officer.