Peter Guenthardt News Today

2023 was a testing time for many of Asia's stock markets through a combination of weak performance and a lack of IPOs. FA looks at what went wrong, how sentiment might improve and some of the continent's bright spots.

(Bloomberg) -- If last year was any guide, 2024 is going to be another busy one for activist investors seeking to shake up corporate Japan.Most Read from BloombergSEC X Account Compromised to Falsely Say Bitcoin ETFs ApprovedAmazon’s Twitch to Cut 500 Employees, About 35% of StaffUS and Allies Met Secretly With Ukraine on Peace PlanBlackRock Cuts 3% of Global Workforce, Citing Dramatic Industry ShiftsXi, Biden and the $10 Trillion Cost of War Over TaiwanSpurred by government and instituti...

The leadership change was one of several announced by the second largest U.S. bank. It also elevated Faiz Ahmad to jointly lead global capital markets with Sarang Gadkari. Ahmad currently runs the Global Transaction Services (GTS) unit.

Bank of America is still on the periphery of the HK fee earners.

Banks in Hong Kong are set to step up their hunt for talent as more Chinese firms look to list in Hong Kong.