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  • Bi Mingjian, a founding member of CICC, has returned as CEO following a 10 year absence, the Chinese broker announced on March 16.
  • Glovista Investments, an investment manager specialising in global macro and emerging market strategies has hired Mary Bourque as managing director, sector research, within Glovista's investment team.
  • Banco Sabadell may issue up to €2.4bn of new capital if it bids for TSB, the UK bank. But the amount may be as little as €1bn, as TSB has spare capital.
  • Marshall Nicholson has joined Nomura as managing director and head of ECM for Asia ex-Japan, re-entering equity capital markets after nearly three years.
  • Asia's equity capital market bankers are feeling the heat as they tackle the impact that a prolonged period of dollar strength could have on primary dealflow. Stock markets across the region continued to sell off this week as the dollar reached levels not seen against some peers for more than a decade, but the weakness could also benefit firms with high quality earnings as investors become more discerning.
  • Competing markets and jurisdictions between China and Hong Kong pose regulatory uncertainty and liabilities as derivatives market participants transact on the Hong Kong-Shanghai Stock Connect, according to panellists at the Futures Industry Expo Conference in Boca Raton, Florida.