Tony Wong's appointment follows a series of senior hires made by Daiwa’s FICC division earlier this year
The Asian Development Bank can swap the renminbi bond into floating interest rates, subject to market conditions
Morgan Stanley veteran Alan Koh has joined Standard Chartered as global head of energy in Singapore
Icap plans to launch electronic cash trading for offshore renminbi against yen, Hong Kong dollars and euros within weeks to support its renminbi/ US dollar initiative.
UK bank unveils former derivatives and financial control executive as its new chief financial officer for the Asia-Pacific region
Asset management veteran, Joanna Munro, set to take the reins at HSBC Global Asset Management in Asia in the second quarter of next year, following Rudolf Apenbrink’s move back to Europe.
South Africa’s Standard Bank offers its metals and market making capabilities for a new gold ETF in Hong Kong.
JP Morgan is moving to build up its presence in Bangladesh following the set-up of the bank's first representative office in the country
RBC has hired 70 employees this year in a bid to build its presence in the Asia-Pacific region
The Hong Kong Exchange's new hire, Yang Qiumei, was recently deputy director-general in the department of investment fund supervision at the China Securities Regulatory Commission, where she was in charge of matters related to QFII and QDII
Citi opens hedging desks in Johannesburg, London, Sao Paolo and New York to help Chinese multinationals with hedging, cash management, trade and treasury services and lending activities
Nomura continues to expand its foreign exchange, interest rates, credit and commodities unit in Asia by recruiting Rig Karkhanis as new head of fixed income for Singapore
China has further liberalised its interbank market to let banks transfer loans to each other
Bank of China and Bank of Communications are set to make history by becoming the first mainland Chinese banks to have representative offices in Taiwan, since the island broke away from the mainland in the 1950s. To-date, seven Taiwanese banks have established...
Credit Suisse has added to its Asia foreign exchange risk advisory in line with the bank's strategy to expand forex business in Asia
Roger Bacon will relocate to Hong Kong from London to head Citi Private Bank's managed investments unit
Société Générale reinforces Asian cash equity and derivatives businesses with new appointments
Japan's central bank governor will become new chair of BIS Asian Consultative Council
Alexander Kobler is relocating to Hong Kong to head UBS investment products and services (IPS), a division combining all wealth management product and sales functions that was set up in January 2010
India’s private wealth market grew by more than 50% in 2009, following a surge in its stock market capitalisatio, according to JP Morgan.
Hans-Ulrich Doerig, chairman of Credit Suisse, said the appointment will further strengthen the bank's management team in the Asia Pacific, a key growth region for the Swiss banking group.
The wealth of Asia Pacific high net worth individuals (HNWI) stood at $9.7 trillion at the end of 2009, up 30.9% from a year earlier and above the $9.5 trillion held by Europe’s HNWIs, according to the Merrill Lynch CapGemini 2010 World Wealth Report
Hong will provide client coverage and facilitate cross-divisional collaboration within the bank as the most senior representative in Hong Kong for Credit Suisse’s private banking business
The development of a property derivatives market in Asia stalled during the financial crisis of 2007-2008 and has failed to regain any real momentum, presenting a gloomy outlook for the business. But some parties believe the introduction of retail products...