The fund is aiming to catalyse Oman’s energy transformation and economic diversification under Oman Vision 2040; alternative asset manager Templewater, which has offices in Hong Kong and Singapore, has also set-up an office in Muscat.

Alvaro Huete has been with the French bank for 28 years and is relocating from Paris to Singapore.

David Wang and Meka Meng have joined from Paul Hastings in Shanghai and Beijing.

In October, Lim, HSBC's HK CEO will replace Hang Seng's Diana Cesar, who is returning to HSBC; Ng, HSBC HK's head of wealth and personal banking, is set to replace Lim as HK CEO, in addition to her other roles.

David He, who has global experience across M&A, private equity and restructurings, joined from Gunderson Dettmer at the beginning of September.

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.

Hong Kong’s Stablecoin Law is cementing the financial hub’s digital ambitions, however pending US crypto laws are keeping regulatory competition tight as both chase the growing opportunity.

Quentin Galmiche will start the role in Hong Kong on September 1; he first joined the French bank in 2009.

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

The financial services platform continues its Apac expansion by offering 24 futures and options products, including agricultural commodities, energy, metals and freight, from the Shanghai International Energy Exchange, Dalian Commodity Exchange and Zhengzhou Commodity Exchange.