Cheil raises $1.4b in landmark Korean IPO

KKR and Samsung SDS enter partnership

As part of the agreement, KKR will acquire $820m of newly issued Samsung SDS convertible bonds; Samsung SDS will spend the money on M&A and improving its AI capabilities.

April 21, 2026

FuriosaAI raises $620m to scale AI inference chips

The Series D round values the Korean semiconductor startup at $2.9bn as it targets global commercialisation of its AI inference accelerator.

October 28, 2026

Citi hires from JP Morgan for Asia infrastructure role

Bhavin Shukla will become managing director, head of infrastructure investment banking, Japan Asia North and Australia & Asia South, at the US bank.

April 28, 2026

Samsung SDS raises $1.1b in IPO

The flotation, which represents the latest move by Korea's largest business group to restructure, is the largest IPO in the country in four years.

October 31, 2014

JP Morgan hires from HSBC for senior India role

Rahul Badhwar will start as senior country officer in July in Mumbai.

March 30, 2026

Citi hires Kaustubh Kulkarni from JP Morgan for Asia investment banking role

Kulkarni is set to join Citi in December in Singapore to become co-head, Citi investment banking for Japan, Asia North, Australia, and Asia South, serving alongside Jan Metzger.

September 03, 2025