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When staff complain, they deserve a fair hearing, not a wall of silence
Fahy will also lead asset-based finance origination
Hire comes from law firm, Mayer Brown, where he was also a partner
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Robert Wartchow is due to join Credit Suisse in mid-August in a new role originating and executing loan and high yield transactions, as the Swiss house seeks to meet the demands of Europe’s fast-growing leveraged finance market.
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The Hong Kong Monetary Authority is cracking down on the rapid growth of loan books caused by the rise in lending to Chinese names. While trying to insulate its banking system from too much exposure to the increasingly troubled mainland economy is understandable, it is fighting a losing battle.
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Dominic Schultens has left his role of director, emerging market loan syndication at Credit Suisse.
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Sharjah Islamic Bank has become the first bank to join Nasdaq Dubai’s murabaha platform since its official launch last month.
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After 32 years at Unilever Thailand, Kannikar Chalitaporn took over Siam Commercial Bank’s (SCB) retail banking group in 2002. She oversaw a new focus on customers that helped transform SCB's franchise, before becoming president in 2007. Chalitaporn tells Asiamoney about the challenges the firm has faced.
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Chanda Kochhar has done it all at ICICI. She joined in 1984 when it was still a project finance institution. Ten years she set up ICICI's commercial banking business after it received a banking licence, and in 2000 she built its retail arm. Kochhar ran corporate and international banking in 2006 and 2007, became CFO in 2007 and was appointed CEO in 2009. She tells Asiamoney how the bank intends to grow next.