Investment Banking
Societe Generale names Alvaro Huete as country head for Singapore and SEA
Societe Generale names Alvaro Huete as country head for Singapore and SEA
Alvaro will oversee the bank’s GBIS business.
Societe Generale Securities fined $2.53m for 33 market gatekeeper failures
Each order was placed within the last two minutes before market close, ASIC said.
Citi names Kaustabh Kulkarni as co-head of JANA and Asia South IB
Kulkarni joins from J.P. Morgan, where he spent 28 years.
Standard Chartered taps Roger Charles to head CIB sustainability
Roger Charles joins from DBS and brings over 25 years of experience in his new role.
Baiduri Bank opens Singapore office to support Bruneian firms
It seeks to facilitate foreign direct investments into Brunei.
Cathay United Bank, RCBC to jointly promote Taiwan investments to the Philippines
CUB saw an increase in clients seeking advisory services for market entry in the PH.
Crédit Agricole CIB names Quentin Galmiche as APAC head of corporate & leveraged finance
Galmiche has been chief of staff to the CEO of Crédit Agricole CIB since 2022.
CBA names Belinda Allen as new head of Australian Economics
Allen is tasked with the bank’s Australian economic forecasts, amongst others.
SMBC invests in Novastar Ventures’ Africa fund
The fund’s budget for fiscal year 2025 is $340m.
Norinchukin Bank logs $395.49m profit in Q1 FY2025
This is a reversal from its JPY412.7b loss a year earlier.
Indonesia, Malaysia, Thailand name new banks for local currency transaction framework
The banks will facilitate cross-border settlement of trade and investment.
Citi hires HSBC banker as head of China global banking network
Luen-Yuan Chu will head the corporate banking of international companies operating in China.
HSBC GPS names Edmund Lo as regional head of investment counsellors
He first joined HSBC in 2011.
SMBC appoints Joy Kwek to lead capital markets & solutions in APAC
Kwek joins from Morgan Stanley.
Automation stalls hiring at Singapore’s top banks
Lenders are also upskilling to keep up with tech.
Citi expands research to include private companies
They will focus on roughly 100 private firms, primarily in the tech sector.
UBS to adopt LSEG data and analytics solutions
It will affect the bank’s asset classes, business franchises, and trade lifecycle.
Commentary
Asia is leading payments modernisation and banks can't afford to fall behind
Investing in an inefficient market
Platinum cards, paper-thin compliance?
Energy price volatility highlights structural gaps for managing FX risk in APAC
Asia’s electronic markets reach an inflection point of transformation
Tokenisation in the Philippines: The consumer is ready, but is the infrastructure?
Asian firms need to get ready for digital assets and currencies
AI can build your plan, but can it hold you to it?