Daiwa pushes fixed income after ECM buy Daiwa Capital Markets has bolstered its businesses in India and Korea with senior banker hires, continuing an expansion of its Asia ex-Japan presence that it started at the end of last year — and that it says it will keep pushing.
Shinsei returns to profit and forecasts gains Shinsei Bank has forecast a profit for the full financial year, showing its attempts to turn around after heavy losses last year are bearing fruit.
Barings to hire new Asian investment chief Baring Asset Management is hiring a chief investment officer for the Asia region, EuroWeek Asia understands. The hire will be part of a build up of its equities team in Asia, which this week involved the hiring of Jim Chen as investment manager.
Deutsche picks Cai to build up China business Deutsche Bank has hired veteran Chinese dealmaker Henry Cai to run its corporate and investment bank in China.
Lyxor starts Aussie dollar fund linked to Chinese equities Lyxor Asset Management, a unit of French bank Société Générale, has launched a new Australian dollar-denominated fund focused on China’s stock market.
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