Ken Tung has been appointed head of industry group, healthcare, Apac, in addition to his role of head of financial sponsors coverage, Apac.

Barrenjoey Capital Partners is intending to merge with ASX-listed Magellan Financial Group to create a firm with a balance sheet of A$2bn.

Investors in the firm, which produces zero-emissions production of ammonia and nitric acid, include the Gates Foundation, Investible and Yara Growth Ventures.

Hong Kong-based Selina Cheung was most recently at UBS.

Hong Kong-based Rod Francis will lead the global firm's Asia Pacific Financial Crime practice.

Goldie joins the investment firm from Invesco in London and is chair of the European Fund and Asset Management Association ETF task force. Capital Group has seven offices in Apac.

The bank's shares climbed as it beat analysts' expectations despite facing a commercial real estate charge of $700m in Hong Kong. Chairman Brendan Nelson is confident of growth in Asia this year.

SC's operating profit grew 6% last year; Zurich Australia snaps up life insurer ClearView; Citi Vietnam appoints Thai Nguyet Minh as head of markets.

Co-investors in the take-private deal for the healthcare firm include 65 Equity Partners, the Employees Provident Fund and China’s Silk Road Fund.

US president Donald Trump has issued 15% tariffs on every country exporting to the US after his so-called reciprocal tariffs were ruled illegal by the US Supreme Court.