Banks

Pei-Si Lai, CEO of GXBank, Malaysia's first digital banking firm, will take over from Muthukrishnan Ramaswami, who is retiring, at the beginning of June.

Mehra has started the Hong Kong-based newly created role on May 12, joining from Goldman Sachs.

ASIC is asking for an independent expert to review a remediation plan for the trade reporting functions of Macquarie's futures dealing and OTC derivatives; ASIC commissioner Simone Constant said that the action "underscores" the regulator's concerns with the "recurrent" nature of Macquarie's failures.

A new loan for the Chinese conglomerate included a greenshoe option and involved Chinese and international banks.

Chan will join from Goldman Sachs as head of markets solutions for financial institutions for Asia South and Asia North in July.

FA recently caught up with Jo Miyake, head of banking, Asia and Middle East at HSBC Corporate and Institutional Banking, on capital allocation shifts, cross-border opportunities, sustainable financing and regulation.

Goh Ken-Yi, previously deputy CEO of RHB Singapore, succeeds Danny Quah, who is taking on a wider leadership position at the Malaysian bank, including a focus on international expansion.

The move to help address a number of funding issues, will benefit Bank of China, China Construction Bank, Bank of Communications, and Postal Savings Bank of China.

Global investors, with the majority in Asia, participated in the deal which included five year, 10 year and 30 year senior bonds, and is the largest US dollar bond issuance in Hong Kong in the Reg S format; the funds will help drive infrastructure development.