Companies

As significant changes occur to tasks, management will need to monitor the needs of future talent and regulatory issues as AI adoption increases in the Asian financial centre.

Financial markets in the Middle East, Apac and across the world are being hit as the price of a barrel of crude and West Texas Intermediate (WTI) oil surges above $100; the impact on aluminium is another issue.

Barrenjoey Capital Partners is intending to merge with ASX-listed Magellan Financial Group to create a firm with a balance sheet of A$2bn.

Investors in the firm, which produces zero-emissions production of ammonia and nitric acid, include the Gates Foundation, Investible and Yara Growth Ventures.

Hong Kong-based Rod Francis will lead the global firm's Asia Pacific Financial Crime practice.

Amid a structural shift towards Asia, Insilico Medicine's IPO in December was a significant moment for the exchange, while French biotech TheraVectys is understood to be considering a listing.

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.

Co-investors in the take-private deal for the healthcare firm include 65 Equity Partners, the Employees Provident Fund and China’s Silk Road Fund.

If the deal is finalised, a combination of the US and UK global asset managers will control almost $2.5 trillion of assets under management; they both have offices across Apac.