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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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The Asia Securities Industry & Financial Markets Association (Asifma) has expressed its concerns over the widespread use of powers of attorney (POA) in Hong Kong IPOs. -
Goldman Sachs has promoted Jonathan Penkin to the new roles of head of growth markets ECM and chairman of Asia ex-Japan ECM, according to an internal memo seen by GlobalCapital Asia.
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Renaissance Capital has appointed Temi Popoola as its CEO for Nigeria.
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Australian lender Macquarie has rejigged its Asia equity capital markets unit with the appointments of Jack Yee and Arthur van Dijk as co-heads of ECM, according to sources close to the moves.
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Paul Frankfurt, head of equity block trades EMEA at Bank of America Merrill Lynch, is leaving the bank to help set up a global markets operation at Anoa Capital, a Luxembourg-based boutique investment bank.
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India is trying to get its life insurers out from between a rock and a hard place by pushing ahead with new legislation to ease the way for their IPOs. The move has been a long time coming, but any marquee public offerings from the country’s life insurance firms are still at least a year away, writes John Loh.
