Thiriet to replace Kuo as Credit Suisse Japan CEO

Yang Xia, head of equities at UBS China, is moving to a slightly broader role at Bank of America Merrill Lynch to oversee Greater China equities.

The package from seven banks will bolster the Singapore operator’s data centre expansion in Johor.

Following an agreement in San Francisco, the Korean and US firms will collaborate across memory and foundry technologies, supporting the next generation of AI infrastructure as the semiconductor ecosystem becomes more sophisticated.

Christina Makiguchi will start at Goldman Sachs on September 1 as head of electronic trading for Japan and China.

The $1.3bn raise from the electronics giant and $1.75bn IPO from Tata Group's financial services arm attracted strong demand from institutional investors. Citi is seeing its largest Indian IPO pipeline on record.

The bank has also announced senior appointments in China and across Australia and New Zealand, as it expands its capabilities in Asia.