China is shifting towards manufacturing abroad as opposed to natural resources; on the other hand, Chinese overseas lending has weakened due to domestic economic concerns.
Hooi Wan Ng will become head of markets, Malaysia, while Anand Goyal will join the bank's regional FX team; Citi has also released its Q3 2024 results.
The law firm, which is seeing an increase in multijurisdictional matters, will be led by global managing partners Jeff Cody, managing partner for the US, and Peter Scott, managing partner for Europe, Middle East and Asia.
Banks need access to better analytics to improve knowledge of their loan portfolios and to formulate their risk appetite, according to experts from Aon and XDI.
The Canadian owner of Circle K wants to buy rival Seven & i, which, if the deal is agreed, would be the largest foreign takeover of a Japanese listed company; however antitrust issues are likely.
The deal is expected to close by the end of Q1 2025 with its shares to stop trading on the NYSE; majority shareholders TPG and KKR have approved the deal. EQT has also bought a Korean plastic recycler and is looking to raise $12.5bn for a fund.
DBS' group head of institutional banking has also become deputy CEO, before succeeding current CEO Piyush Gupta in March 2025; first half net profit climbed 9% to $4.35bn.