financial institutions

The Indian bank sold the first dollar bond from one of the country’s financial institutions since January, braving jittery pre-election market conditions.

US bank has hired Peter Yeung as a director in its investment banking team covering financial institutions as clients in this area in Asia wrestle with increased regulation and look to raise capital and sell assets.

Boon-Kee Tan, a managing director at the Wall Street bank, is joining Deutsche Bank.

HSBC appoints Daniel Kim as head of financial institutions within Asia DCM and Tim Yip as head of cross-border renminbi.

Danny Chung and Peter Yeung are made co-heads of Credit Suisse's Asia non-China financial institutions coverage.

The bank has also brought on board Simon Derrick for a FIG coverage role. Both bankers have a long background with J.P. Morgan.

Sun, who has previously worked with Barclays, UBS and Merrill, will head up the financial institutions coverage for North Asia at Standard Chartered.

Bank of Ayudhya agrees to pay $112 million for HSBC’s Thai retail banking business.

European financial institutions that want access to Asian liquidity should think twice about cutting staff and closing desks in the region.