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BNY Mellon has launched a new Asia Pacific capital markets operation based in Tokyo, offering clients trading services in equities and fixed income.
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The International Capital Market Association (ICMA) opened its first Asia office this month with a view to educating companies in the region about the benefits of G3 bond issuance and helping to bring more debut issuers into the market, according to Mushtaq Kapasi, head of the firm’s Asia Pacific office.
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Colombian state-owned oil company Ecopetrol, which issued its second ever international bond in September, has appointed Magda Manosalva as its new CFO.
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Dealers in the interbank market in mainland China are actively pricing interest rate swaps on the country’s new Loan Prime Rate, with a number of transactions already executed.
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Dubai based Takaful Emarat has hired Wael Al-Sharif as its chief executive officer.
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Dubai is working to establish an Islamic corporate governance and management standards centre, which will open in the second quarter of 2014.