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Nakhate rejoins Bank of America Merrill Lynch to head India operations

By The Asset
Kaku Nakhate is re-joining the bank from J.P. Morgan, where she was vice-chairman of India operations. She will succeed Kevan Watts, who is retiring later this year

FTSE, Westpeak launch new equity style index offerings

By The Asset
The new index series is based on research establishing that momentum and value are systematic sources of active returns and should be viewed as ‘active betas’

China Merchants Bank launches USD3.2 billion rights issue

By Amy Lam
The country’s sixth largest lender priced its rights issue at a big discount to raise USD3.2 billion in a move to replenish the bank’s capital ratio

Huatai Securities Shanghai IPO priced at low end

By Amy Lam
Huatai is the second company after China First Heavy Industries that failed to raise the maximum amount in a Shanghai IPO due to poor sentiment

Barclays Capital appoints new Asia research head

By Chito Santiago
As managing director and head of equity research in non-Japan Asia, Stephen O’Sullivan will be responsible for building the firm’s equity research platform across the region

CLSA to launch China broking and research business

By Amy Lam
CLSA has signed an agreement with Fortune Securities to launch an A-share institutional research and broking business in 2Q this year

The Asset Member

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