Jo Miyake to become head of banking, Asia and the Middle East, under its new Corporate and Institutional Banking unit, while Selim Kervanci will become CEO of the Middle East.
More liquidity from new investment channels and new sources of cross-border capital for companies represent compelling opportunities for investors and corporates as Asia and the Middle East become more closely connected.
FinanceAsia caught up with HSBC’s Christina Ma to discuss how increasing investment connectivity between Asia and the Middle East is reshaping traditional capital markets and paving the way for the expanded use of private capital.
China is shifting towards manufacturing abroad as opposed to natural resources; on the other hand, Chinese overseas lending has weakened due to domestic economic concerns.
Hooi Wan Ng will become head of markets, Malaysia, while Anand Goyal will join the bank's regional FX team; Citi has also released its Q3 2024 results.
The former head of Citi’s Apac equity derivatives trading will relocate from Singapore to Hong Kong and cover Asia South, Japan, Asia North and Australia.
The two large listings are adding to a sense of optimism, in particular in India and Hong Kong, with Taiwan enjoying a record year so far; and occurred before the US Fed cut rates.
Performance disparities among tech stocks have left investment strategists in an awkward position, leaving them to balance structural drivers with near-term headwinds, and moves such as tariffs.