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Wednesday, 20 March 2019

People & Markets

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  • State Street Global Advisors appoints China head

    State Street Global Advisors has hired Alex Sun as head of China, where he will run the investment management firm’s newly established wholly foreign owned enterprise.

  • HSBC announces 26 promotions to MD in Asia

    HSBC has announced its annual list of new managing directors with 26 of the promotions coming from Asia, the bulk of whom are from its global banking and markets division.

  • Goldman appoints pension funds head in Australia

    Goldman Sachs has promoted Rory MacEwan to the newly created position of head of super and pension funds in Australia and New Zealand within the bank’s financial and strategic investors group.

  • Fed bans Goldman bankers for role in 1MDB

    Fed bans Goldman bankers for role in 1MDB

    The US Federal Reserve banned former Goldman Sachs bankers Tim Leissner and Ng Chong Hwa, also known as Roger Ng, from any involvement in the banking industry for their role in the theft of billions of dollars from the Malaysian sovereign wealth fund.

  • Goldman rehires former banker for fintech role

    Goldman Sachs has rehired Zartasha Chaudhry as executive director in its principal strategic investments group in Hong Kong.

  • Citigroup's Khullar to become India chief

    Citigroup has named Asia Pacific capital markets head Ashu Khullar as chief country officer for India and South Asia, succeeding Pramit Jhaveri.

  • Hong Kong Exchanges and Clearing: New A-share futures contract

    Hong Kong Exchanges and Clearing announced last Monday it will launch futures contracts on the MSCI China A index to allow international investors to better hedge their exposure to China A-shares.

  • Commonwealth Bank of Australia: Wealth management demerger pushed back

    Commonwealth Bank of Australia announced last Thursday it had suspended plans for the demerger of its wealth management and mortgage broking businesses to allow it to focus on implementing the recommendations of the country’s Royal Commission inquiry.

  • HSBC's Morton to retire

    David Morton, formerly head of corporate, financials and multinationals banking for Asia Pacific at HSBC, is retiring after 17 years with the bank.

  • CBIRC: Non-performing loan ratios relaxed

    China’s banking and insurance regulator said last Wednesday it would allow banks to relax their non-perofming loan ratios for smaller companies as Beijing looks to boost economic growth amid a recent slowdown.

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