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Last week’s shock US election result caused a rout in emerging markets, with stocks and currencies in southeast Asia among the hardest hit. But unlike in the past, this has not brought equity capital markets activity to a standstill, as share sales in Indonesia, the Philippines and Thailand showed this week. John Loh reports. -
The equity capital markets teams at Deutsche Bank, CMB International and Citi in Hong Kong have each had personnel changes.
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Deutsche Bank’s head of equity-linked origination for Asia is transitioning to a new role within the firm, according to sources close to the matter.
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The Nasdaq Dubai Futures Exchange has signed up National Bank of Abu Dhabi (NBAD) as a second market maker for its equity futures, after trading gained momentum in recent weeks.
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Former UBS banker Christopher Fok has resurfaced at CMB International in Hong Kong with a wider role covering both ECM syndicate and origination.
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Steve Lam, a Hong Kong-based director in Citi’s capital markets origination team, has left, according to sources close to the matter.
