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Noor Financial Investment has failed for a second time to complete the sale of its majority stake in Meezan Bank to Hong Kong’s Vision Financial. Pakistan’s central bank has blocked the sale again, following an initial rejection last month.
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JP Morgan has promoted Bo Zethraeus to head of investment banking for Sweden, replacing Johan Lustig, who has gone to run global corporate and investment banking for the Nordics at Bank of America Merrill Lynch.
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Law firm Freshfields Bruckhaus Deringer has hired Ash Qureshi, formerly Renaissance Asset Managers’ CEO and vice chairman of the Renaissance Group.
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Mizuho Bank has added a new member to its loan distribution team in Singapore but seen the departure of its head of syndication for southeast Asia. -
James Chen, former managing director and head of Asia Pacific cash equities trading, program trading and delta one at Barclays, has joined BlueCrest Capital Management in Hong Kong.
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DinarStandard a research and advisory firm based in New York, has appointed Rushdi Siddiqui as a senior partner and its head of Islamic economy.
