Jardine Matheson in Mandarin Oriental take private bid
The proposal values the group at $4.2bn and will involve delisting from the Singapore Exchange. Alibaba and Ant Group have agreed to buy 13...
Taiwanese stablecoin payment firm OwlTing makes direct listing on Nasdaq
CEO Darren Wang described the process to FA as “difficult” and said that reaching out to more US-based private investors, while expanding globally, is...
Five Bangladeshi banks set to merge after widespread loan defaults
After a deluge of defaults, a new state-owned bank called United Islamic Bank is set to emerge out of the five banks, with the...
KKR and Quadrantis Capital take stakes in Hong Kong’s Peak Re
Prudential Financial is selling its 13% stake in the Hong Kong-headquartered reinsurer, which is majority owned by Chinese conglomerate Fosun. Read More
Interview: Trade finance closer to paperless reality as law, standards and tokenisation converge
Hari Janakiraman, head of industry and innovation, transaction banking at ANZ, discussed legal frameworks, digital standards and tokenisation pilots, including Australia’s Project Acacia, with...
Andrew Cross to leave AIIB as chief financial officer
After over six years with the infrastructure investment bank, Cross will take up a senior leadership role at another institution outside of Asia. Read...
Srini Kannan to return to Citi in India
Citi Commercial Bank in India has appointed Kannan as head of digital, technology, communication, business & professional services and industrials; he will join in...
LG Electronics India and Tata Capital list amid strong IPO demand
The $1.3bn raise from the electronics giant and $1.75bn IPO from Tata Group’s financial services arm attracted strong demand from institutional investors. Citi is...
Tradeweb appoints Rich Chun as head of Asia
Rich Chun is appointed managing director, head of Asia at Tradeweb, effective immediately; he joins from HPS Investment Partners. Read More