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People & Markets

People News

Credit Suisse makes changes in SEA IBCM teams

Credit Suisse has rejigged the leadership team of its investment banking and capital markets (IBCM) coverage businesses in Indonesia and Malaysia.

09.30 AM
Goldman Sachs hires for southeast Asia FIG
China policy and markets round-up: Q1 GDP growth breaks record, Beijing toughens stance on local government hidden debt, Luckin secures $250m investment deal

Bank Strategy/Results

Citi to boost wealth management business in Apac

Citi is planning to hire around 2,300 people to support the expansion of its wealth management business in Asia Pacific, as the bank undertakes a restructuring that boosts focus on its four wealth centres.

08.00 AM
HSBC GBM to double down in Asia, Middle East
Taiwanese banks ditch IB-led loans over default fears, MoF guidance

Market News/Regulation

China tightens Star market listing rules

The Chinese securities regulator and the Shanghai bourse have boosted requirements on Star market IPO candidates’ technology credentials, banning the listing of financial and investment companies and tightening scrutiny on financial technology firms.

10.00 AM
Citi to boost wealth management business in Apac
The week in review: China, US join hands to tackle climate crisis, Citi to exit Mainland consumer banking, CBIRC calms market over Huarong worries

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Asia, April 15, 2021

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