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I don’t need to work, but I’m tempted to go back
Corporate broking relationships endure for decades and build deep roots between both individuals and institutions, enabling banks to win outsized revenues from clients they serve. No wonder that a new crop of banks are expanding their ambitions
Five months in, Alessandro Melzi is getting started on the plan, but his boss is about to change
Paul Gibbs among those departing the firm after long service
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  • Credit Suisse will raise Sfr6bn of new equity and float its Swiss domestic arm, as part of a strategic overhaul in which it is also making big bets on Asia and wealth management.
  • BNP Paribas has hired a replacement global head of equity derivatives strategy, following the departure of its previous head earlier this year.
  • The Securities Commission Malaysia (SC) is looking to refine its criteria for the listing of companies in the mineral, oil and gas exploration or extraction (MOG) sectors on its bourse, with the regulator releasing a consultation paper on October 15.
  • HSBC has rejigged its debt syndicate team in Hong Kong, relocating Agustin Gargallo from New York. The change comes at the same time that Edward Morgan, part of the firm’s syndicate team in Hong Kong, is leaving the bank.
  • The Cambodia Securities Exchange (CSX) is set to welcome only its third IPO since the bourse opened in 2012, as a state-owned port operator looks to list this month. While progress has been slow in its equity capital market, rising interest from foreign investors and a much-needed push from the government may turn the tide. John Loh reports.
  • Bank of America Merrill Lynch has lost a member of its equity capital markets team in Hong Kong.