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Deutsche Bank appointed Kenichi Igarashi head of the Japan desk within EMEA Corporate Banking Coverage.
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New Deutsche Bank chief executive John Cryan leaned heavily on Deutsche’s conduct problems in his first day message to staff, as the German bank anticipates more damage to its capital base from fines. -
The mutual recognition of funds (MRF) scheme opens today for application by Mainland and Hong Kong-based fund managers. Foreign asset managers with mainland joint ventures are likely to enjoy early success, though analysts expect the programme to achieve wide popularity.
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When Gianni Franco Papa became head of UniCredit’s corporate and investment bank in January, it marked a new era, but there was none of the upheaval that often comes with senior management changes, writes David Rothnie
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News that BlackRock will start using the Shanghai-Hong Kong Stock Connect (SHSC) shows the trading link is beginning to appeal a wider range of investors as the early technical issues get resolved. This increasing popularity is even holding up in the face A-share volatility with turnover on the northbound channel on the rise.
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Henrik Aslaksen, global head of M&A at Deutsche Bank, is to leave the firm.
