Nelson has been interim chair since October 1 after Mark Tucker left the global bank to rejoin AIA.

Nakayama returned to Citi in 2023 after a stint at Goldman Sachs; she will report directly to Taiji Nagasaka and Akira Kiyota.

Ruminant Biotech, a New Zealand-based tech business looking to reduce methane emissions from pasture-based livestock, has raised around $9.5m in a Series A fundraising.

Proceeds from HKMC’s largest public bond offering will be used to help Hong Kong's elderly unlock the value of properties for livelihood needs and boost the silver economy.

The second foreign currency-denominated sovereign bond from China within a month has seen record popularity, and was oversubscribed 25 times.

Despite criticism, Roushana Sjahsam, Asean senior board adviser at investment firm Zagga, argues private credit is an emerging asset class for defensive, yield-seeking investors, who want diversification, stable income, and portfolio resilience.

Starting on November 17 Chihiro Ashizawa has joined from Clifford Chance. Meanwhile Ashurst is looking to merge with US law firm Perkins Coie to create a top-20 global firm with a footprint in Apac and the Middle East.

The FSDC's current director and head of policy research will start in February 2026 for a three-year term.

Banks and payment giants at the Singapore FinTech Festival warned about deepfakes, cyberattacks, and AI-driven fraud even as they push aggressively into agentic AI and design their firms around AI-native operating models. With risks rising, leaders said 2026 will force a balance between ambition and safeguards.

Beijing-based Jim Wang is leading the subsidiary of Standard Chartered Bank (Hong Kong).