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Friday, 28 April 2017

Top News

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  • PIMCO appoints new Asia head

    PIMCO has appointed Michael Thompson head of Asia ex-Japan.

  • CSAM hires TPD head

    Christina Kautzky has joined Credit Suisse Asset Management as head of third-party distribution for Asia, ex-Japan.

  • HSBC head of Sing dollar bond origination leaves

    Carolyn Tan has left as head of Singapore dollar bond origination at HSBC in the city state.

  • Former Barclays Asia CEO retiring

    Andy Jones, Barclays’ former chief executive in Asia-Pacific, is retiring from the bank.

  • New standards for Islamic endowments

    The Accounting and Auditing Organisation for Islamic Financial Institutions (AAOIFI) would develop a package of standards covering Islamic endowments, known as awqaf, the Bahrain-based body said last Wednesday.

  • Former Barclays IB co-head joins HNA unit

    Former Barclays co-head of investment banking Patrick Kwan has joined HNA International, the Hong Kong-based subsidiary of Chinese conglomerate HNA Group.

  • ANZ adds to HK loan team

    Nathan Herman has joined ANZ’s loan syndications team as an associate director, according to the team’s global head John Corrin.

  • A woman walks past Standard Chartered logo at its headquarters in Hong Kong, China.

    StanChart combines debt distribution

    Standard Chartered is making further changes to its corporate and institutional banking division as the unit’s CEO, Simon Cooper, pushes ahead with an overhaul of the lender’s largest operation.

  • China: Expansion of bad loans scheme

    China is set to allow this year some mid-sized banks to issue asset-backed securities with bad loans as underlying assets, providing them with a new channel to offload troubled debt, according to a report in the official Shanghai Securities News last Wednesday.

  • Citi hires Aussie resources co-heads

    Citigroup has hired Nick Forster and Richard Saywell to lead its newly formed resources, infrastructure and utilities group for Australia and New Zealand.

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