Standard Chartered

The banking group has large back-office centres in India, China, Malaysia and Poland; over 7,800 such roles could be impacted. The bank has also increased its profit targets for 2030 and confirmed group CFO and COO appointments.

SMBC, ING and Standard Chartered have helped provide the $300m financing for the project in Luzon, which will support the country's energy transition.

Metzger is joining SC's Corporate & Investment Banking team as global head, coverage banking; Kaustubh Kulkarni, co-head at Citi's Apac investment banking team will lead the team at Citi.

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.

Standard Chartered is providing full FX services with more services expected in Q4; FA understands that FalconX will partner with more banks soon.

Starting May 6 in Hong Kong, Casati will help build additional banking capabilities including advisory, financing and risk management.

A licensing scheme for stablecoin issuers in Hong Kong is expected to be introduced later this year.

The fund will also be the first retail tokenised fund across Asia Pacific.

Amid wider changes, Roberto Hoornweg, global head, financial markets, and Sunil Kaushal, regional CEO, Africa & Middle East, are to become co-heads of Corporate & Investment Banking (CIB), with Simon Cooper set to leave.