People

Citigroup appoints Akira Hoshino as head of markets for Japan

Hoshin will drive business growth and lead the markets franchise in Japan.

Tan, 57 and currently deputy CEO, will become DBS’s first female CEO.

He said China’s entrepreneurs showed renewed confidence after meeting President Xi Jinping.

The Indonesian VC is expected to kick off fundraising for the fourth vehicle later this year.

IndusInd is India’s fifth largest private lender, with a $63 billion balance sheet.

Jeyarajah is currently HSBC’s head of equity capital markets in APAC.

The decision marks the pension fund’s continued pullback from China amid geopolitical tensions.

Morgan Stanley had more than 80,000 employees worldwide at the end of 2024.

Rosel will succeed Jay Fajardo.

Beleaf has reportedly reduced its workforce from 125 to 85 across all departments.