asia

The newly created role for the former CEO of Bajaj Electricals is aimed at improving the PE firm's portfolio firms across India and Southeast Asia.

Performance disparities among tech stocks have left investment strategists in an awkward position, leaving them to balance structural drivers with near-term headwinds, and moves such as tariffs.

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.

GenAI is demonstrating benefits in drafting processes, yet it requires manual gatekeeping to ensure accuracy and privacy, according to senior lawyers; investments are also pouring into the area.

Lawrence Goh to take on head of group technology and operations with Susan Hwee to become new head of group retail, replacing retiring Eddie Khoo who is joining UOB Vietnam as a senior adviser.

Ed Huntsman is relocating from London to Hong Kong, to become head of financing, markets for Japan, Asia North & Australia and Asia South.

Patrick Kwan, Nomura’s head of investment banking, Asia ex-Japan, is leaving the Japanese bank “to pursue other interests", according to an internal company memo.

Cécile Gambardella, will relocate from Paris to Hong Kong, to become head of sales markets, Japan, Asia North, Australia and Asia South. Citi has also set-up a unit in Japan to serve "mid-sized companies", which Yutaka Naito will lead.

Bank of China, China Merchants Securities and Mizuho Bank (China) jointly managed the Rmb1bn issuance for the Hong Kong listed hospitality group.