Singapore

Natixis has named a new global markets head for Asia Pacific, while Standard Chartered has recruited an outsider to run financial markets.

Tata International Singapore has mandated one bank to supply a $110m loan, which will be used to make payments to bondholders.

The renminbi qualified foreign institutional investor (RQFII) scheme is set to end 2016 on a disappointing note with the combined value of quotas awarded amounting to roughly half of last year’s total.

Standard Chartered has hired industry veteran Roberto Hoornweg as global head, financial markets, set to start in the New Year.

Citi and ING have named new heads for their respective Asia debt syndicate teams, while Natixis has recruited a DCM banker from Commerzbank.

BAML loses Hong Kong IB chief to UBS — UBS hires from Deutsche for M&A — ANZ appointments — SGX names head of fixed income sales

ING Bank has hired Winston Tay as head of Asia debt syndicate in Singapore, effective Wednesday.

Singapore-listed MYP has halved its rights issue to S$97.9m ($68.8m) after shareholders gave the fundraising the cold shoulder.

Singapore Exchange (SGX) announced on Monday the appointment of Michael Luk as the new head of fixed income origination and sales.

The Monetary Authority of Singapore (MAS) has fined two more banks and sanctioned a former Goldman Sachs executive for breaches related to the disgraced Malaysian sovereign wealth fund 1MDB.

Intercontinental Exchange has appointed a chairman for its Singapore trading and clearing operations.

Ajay Kanwal has resigned from Standard Chartered and stepped down as regional CEO, ASEAN and south Asia, with immediate effect, the bank said.