The Royal Bank of Canada Global Asset Management unit named Mayur Nallamala as its new Asian equities head.
Finance/Venture
Bank of Sharjah refinances with USD 200 million loan
The Bank of Sharjah said it had signed a loan refinancing facility worth USD 200 million with five lenders.
JPMorgan's Senior Industry Banker William Cruger quits job
Another of JPMorgan's senior officials resigned from their post. JP Morgan Chase & Co securities and industry banker William Cruger resigned from the firm according to a reliable source.
GIC acquires Blackstone's Broadgate stake in London
GIC, Singapore's sovereign wealth fund made an offer to purchase Blackstone's Broadgate asset.
Everbright's proprietary head gets suspended after trading errors
After Everbright Securities Co. made erroneous buy orders of CNY23.4 billion last August 16, the state-backed firm suspended the head of its proprietary trading division.
Latest News
Hong Kong Exchanges and Clearing Ltd announced London Metal Exchange Executive Martin Pratt as new CEO.
China's central bank said it would include all loans issued by trust companies in its database in an effort to curb risky lending.
Lloyds Banking Group announced its sale of Heidelberger Leben for EUR 300 million to Cinven and Hannover RE.
Canadian investment manager Brookfield Asset Management Inc was able to raise USD 1 billion for its fifth fund.
Norway said its sovereign wealth fund could now include Africa Israel Investments and its subsidiary company Danya Cebus in its investment portfolio.
Sergei Shvetsov was named as the head of a new Russian "mega-regulator" to oversee the country's financial markets.
JPMorgan Chase had identified possible candidates for new directors of the bank's board . JPMorgan Chase & Co is near to identifying the company's two newest directors, according to Reuters' source.
IVG Immobilien sought protection from its creditors in court in Bonn after failing to reach an agreement to refinance its debt.
NYSE tapped JPMorgan & Chase Co. and Societe Generale for the IPO launch of Euronext. NYSE Euronext is the bourse operator to be acquired by Intercontinental Exchange Group Inc.
