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Pakistani commercial bank MCB plans to buy a majority stake in smaller Islamic peer Burj Bank, as it looks to build its Islamic banking subsidiary. The plan echoes Pakistan's bigger push towards Islamic banking, with a growing number of conventional banks looking to enter the market.
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Starring Ben “Sonny” Lamberg and Henry “Rico” Coyle, Leak Productions is proud to bring you the latest hot new thing to your television: Moorgate Vice.
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Deutsche Bank has hired Karl-Georg Altenburg to be co-head of corporate finance for Europe, the Middle East and Africa.
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UBS has placed two Asian capital markets bankers on a leave of absence ahead of an internal inquiry into the hiring of Joyce Wei, daughter of the chairman at Chinese private company Tianhe Chemicals.
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Crédit Agricole has appointed a new head of global markets for Asia Pacific, following its sale of CLSA to Chinese investment bank Citic Securities.
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Westpac is developing its broader Asian franchise with a clutch of senior appointments in Hong Kong. Alex Tam is joining from HSBC to be head of corporate and institutional banking for Hong Kong, while Steven Yu comes from Deutsche Bank to run trade sales in North Asia.