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I thought the grass would be greener in fintech land, but it’s patchy and dreary
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Charles Li is to remain head of Hong Kong Exchanges and Clearing (HKEx) for at least three more years, after the bourse operator extended his contract.
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The London Stock Exchange Group is seeing a proliferation of RMB-denominated products being listed and traded on its venues, with subsidiary FTSE Russell’s recent decision to include A shares in its indices likely to provide a further boost, the exchange told a forum held in Hong Kong this week.
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The Singapore Exchange has been languishing this year, with no sizeable IPOs hitting the market. But things could be finally looking up, with Canada’s Manulife Financial Corp making headway with a real estate investment trust listing in the southeast Asian city-state. It’s time for issuers to prepare for a market revival.
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Mizuho has hired a new head of securitization in New York, adding to the new faces in the firm’s US banking and capital markets arms.
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Senior figures within Deutsche Bank expected management change, but not so slowly — many thought co-CEOs Anshu Jain and Jürgen Fitschen might have gone before Strategy 2020 had been hammered out.