South Asia

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.

Banks are looking to overhaul risk frameworks as US tariff actions collide with Asia’s export dependence. Experts shared their views on how regulators are embedding geopolitical shocks into stress scenarios, while banks turn to tech and client engagement to prepare for strains likely to surface in 2026.

The deal for 50% of Bluegrass Business Park, which is worth $280m, includes an under-construction office tower and a one-million square foot tower leased to Mastercard.

Singapore-based Phua has become head of markets solutions under cluster sales, Asia North and Asia South, for clients of Citi Commercial Bank.

The financing is the largest foreign direct investment in Pakistan's history and is expected to help create the world's fifth largest copper mine in Chagai, which is expected to start producing copper in 2028.

Jig Patel has previously helped build out Goldman Sachs' Asia prime business; the bank is looking to increase its prime headcount in the region by up to 10%.

The FinanceAsia Achievement Awards 2025 are now open for entries; they will celebrate the best deals and firms across Asia Pacific and the Middle East over the last 12 months.

Deepak Dangayach to join as regional co-head, DCM; Vikram Chavali named managing director, head of global asset managers for Japan, Asia North, and Australia, and Asia South.

Jerome Niddam, the bank's Apac head of global markets, will replace Cecile Bartenieff in Hong Kong from September; Bartenieff is switching roles at the French bank.