Deutsche Bank is the latest firm to join Loco Singapore, Singapore’s over-the-counter gold clearing system, which will be ready by the end of 2026, with interbank trading being developed next year.
A challenging market backdrop offers scope for increased M&A activity in Asia Pacific in 2025. Rohit Satsangi and Zi-Kuan Lim, Co-Heads of M&A for Deutsche Bank in the region, talk to FinanceAsia about the key opportunities, and why the firm is well-positioned to capitalise on them.
Investors from Asia and Europe were on the oversubscribed deal, which was managed by Commonwealth Bank of Australia, Deutsche Bank, NAB, UBS and Westpac. Proceeds will be used for projects such as hydrogen hubs.
Siason, who has spent over 15 years with Citi, will relocate to Manila to become chief country officer to replace Michael Chua, who is retiring, on April 1.