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Malaysian financial group Affin plans to expand across Asia by buying an Indonesian bank and offering Islamic banking services in China.
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Gary Israel has joined Canadian bank Scotiabank's London team, becoming associate director, syndicate.
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Katherine Lau, head of loan syndicate for Asia Pacific at Barclays, has left the bank after working in the role for just ten months. -
Zili Shao, head of China at JP Morgan, will step down from running the investment bank’s Chinese business in order to become vice chairman of Asia Pacific – the latest in a series of senior China moves at the bank.
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Pakistani commercial bank MCB has scrapped plans to buy a majority stake in smaller Islamic peer Burj Bank and will instead set up its own Islamic banking subsidiary.
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Tunisia’s Banque Zitouna has teamed up with the Islamic Development Bank (IsDB) to establish a specialised institute for microfinance.
