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  • Nick Johnson will take over as JP Morgan’s head of equity capital markets for Asia Pacific as former head Jeff Zajkowski moves to New York to become co-head of ECM for the Americas, amid a global reshuffle.
  • Luke Clayton has joined UBS as managing director, senior relationship manager for Japanese equities, in the fourteenth Japanese equity hire at the bank in just over a year.
  • China’s hands-on approach to IPO reform shows commitment to the cause, but if the regulator does not take a step back and stop changing the goalposts, it will risk confusing and damaging the market, according to commentators.
  • Hong Kong is coming to grips with a new IPO regime as the city switches to a public filing system on April 1 transforming it into one of the region's most transparent markets.
  • In a major senior reshuffle, Mizuho Securities Asia has named a new chairman, a new president and CEO and a new regional head of equities for Asia ex Japan.
  • Intesa Sanpaolo has taken a €6.8bn impairment in its fourth quarter results, following the same strategy as UniCredit in hammering 2013’s P&L to get a clean balance sheet ahead of the stress test and asset quality review double-whammy due later this year.