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US banks, which opened second quarter reporting this week and last, said Brexit had driven ‘new peaks’ in volumes at trading divisions, with signs of market share gains for the US houses as well. -
Credit Suisse has made two senior appointments to its Japan’s investment banking and capital markets division, poaching from Deutsche Securities.
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The Singapore Exchange’s reputation took a beating after its longest ever trading disruption last week, although the incident had minimal impact on equity capital market desks, said bankers.
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Credit Suisse has appointed Masahito Shimada as director and head of equity capital markets and Yuhiko Yano as a managing director and head of corporate coverage in Japan.
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The Indian government is setting aside Rp229.15bn ($3.42bn) in additional funds for the 2016-2017 fiscal year to recapitalise its state-owned banks, according to a Ministry of Finance announcement.
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The Securities and Exchange Board of India has issued a consultation paper on real estate investment trusts (Reits) that eases some restrictions, in a bid to get the asset class off the ground.
