Loan defaults in Bangladeshi's banking sector have reached an all-time high of 35.7% of total disbursed loans, posing a severe threat to depositors; elections will take place in February 2026.

The Standard Chartered supported issuance follows the Qatar National Bank’s $500m offering in November.

Mohamed Braham will assume the Hong Kong-based role in January, while retaining his position as deputy global head of fixed income and currencies.

DK Bank in Gelephu Mindfulness City will commence trading of the gold tokens on December 17. A second phase will see a listing of the tokens, which are backed by Bhutan's reserves, on more exchanges and venues for secondary trading.

Cross was most recently chief financial officer at the Asian Infrastructure Investment Bank in Beijing.

The Chinese property giant's debt woes will not seriously affect China’s property sector, according to analysts; however, a restructuring might be on the cards.

The Astana International Financial Centre was established to support a modernised finance sector and capital market in central Asia’s largest economy. AIFC’s governor Renat Bekturov spoke to FA about the financial hub's progress, challenges and ambition.

Soonwook Kwon was most recently managing director and branch manager at UBS in Seoul.

The spun off firm from JD.com is preparing for an initial public offering on the Hong Kong Stock Exchange on December 11; the deal could generate around $20m of fees.

The oversubscribed deal is the first Rmb onshore syndicated loan arranged by Deutsche Bank in China and the first facility of its kind for JC Leasing; the loan is connected to rule changes by NFRA in 2024.