Saturday, 17 August 2019

People & Markets

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  • DBS Group: Q2 profit rises 17%

    DBS Group reported last Monday a 17% jump in net profit following record fee income thanks to a strong performance from investment banking and wealth management.

  • Credit Suisse appoints Vietnam country manager

    Credit Suisse has hired Le Hoai Nam from Nomura to become Vietnam country manager and head of Vietnam coverage for investment banking and capital markets.

  • StanChart on track with 3% profit rise

    StanChart on track with 3% profit rise

    Standard Chartered remains on track to lift returns to double-digits in the medium term after posting a forecast-beating 3% rise in first-half profit and shrugging off concerns about the impact of escalating US-China trade tensions.

  • SPDB hires So as head of syndicated finance

    Crystal So has joined Shanghai Pudong Development Bank as head of syndicated finance, overseeing origination and distribution.

  • Samaga departs from Axis

    Manjunath Samaga, head of financial institutions for North Asia at Axis Bank, has left the Indian lender after 13 years.

  • ANZ appoints director in Australia loan syndications team

    Australia and New Zealand Banking Group’s Paul Brickell has transferred to the bank’s loan syndications team, replacing Nelly Harapoff, who recently relocated to Singapore.

  • ANZ appoints South-East Asia head

    Australia and New Zealand Banking Group’s Singapore CEO and head of South-East Asia, India and the Middle East David Green is leaving the bank.

  • APRA: Macquarie, HSBC, Rabobank censured

    Australia’s banking regulator has instructed Macquarie Group and the local units of HSBC and Rabobank to tighten their local funding arrangements, in an unusual public disclosure of an enforcement action.

  • Australia moves to defer bonuses

    Australia’s prudential regulator said it intends to prescribe stricter terms on the executive pay policies of the country’s large banks, retirement funds and insurers as it seeks to enhance accountability in the financial sector.

  • StanChart hires from UBS in financial markets team

    Standard Chartered has hired Tony Hall as global head of macro trading within its financial markets unit from UBS.