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  • Morgan Stanley is set to name Jing Qian, its co-head of China investment banking, as chief executive of Morgan Stanley Huaxin Securities Co, the US bank’s joint venture in China.
  • Property developer Frasers Centrepoint has begun investor education for a real estate investment trust IPO that could raise up to S$900m ($652.1m), according to a source close to the deal.
  • The chief executive of Morgan Stanley Huaxin Securities Co, the US bank’s joint venture in China, has left the firm.
  • The Indian government has shortlisted five banks to pitch for lead roles in its sell-down of iron ore miner NMDC, in a deal that could raise Rp35.6bn ($527.5m) based on its market capitalisation, according to a notice from the Department of Disinvestment on Thursday.
  • UniCredit has appointed Amit Dewan to the newly created position of head of financing and advisory for Asia Pacific, furthering bolstering the bank’s operations in the region.
  • Leaving the EU would harm the UK, Europe and the capital markets of both. There. We’ve said it even if you won't.
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