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BNP Paribas has promoted Sylvain Magne to head of equity-linked Asia Pacific and deputy head of ECM North Asia in the bank’s Hong Kong office, according to banking sources. -
Four managing directors have lost their jobs at Sberbank CIB. The bank chopped nearly half of its London front office team just over a week ago.
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Fad'l Mohamed is expected to join Malaysia’s Maybank IB as deputy CEO next week, as the bank seeks to win more business in the country.
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CIMB Bank has made about 40 jobs redundant in North Asia and India, as the Malaysian bank continues a pullback of its Asia Pacific investment banking franchise.
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One month after giving the green light to Pakistan’s first real estate investment trust (Reit), the country’s Securities and Exchange Commission has released a comprehensive list of regulations to govern the structure. Market watchers believe the move will help speed up the listing process for Reits, while also providing issuers with more clarity on what is required of them.
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Bill Winters is to join Standard Chartered as chief executive, as the current CEO and chairman Peter Sands and Sir John Pearce announce their plans to step down.
