Long-time Chief Executive Officer Ben Silbermann of Pinterest would step down, handing over the reins of the social media platform to Google...

Stock Market

Google executive to take over as a new CEO of Pinterest

Top accounting firm Ernst & Young has been slammed with a record $100 million fine from the US government...

Stock Market

Accounting firm gets 100 million fine for faulty regulations

The Indian rupee slipped into a fresh low today and extended losses against the US dollar.

Forex

The rupee tumbled to a new low against the dollar in the midst of an increase in crude oil price

Wall Street saw a sharp fall at its closing in a broad sell-off. Consumers' worries over recession have sparked up...

Stock Market

Wall Street Lose Balance after recession strikes growth fear among consumers’

Soaring inflation may be pushing the US economy into a deep recession. Last week's 0.75% interest rate hike by the Federal Reserve...

Stock Market

Inflation ringing the recession bell - Mohammed Shaheen

Stock Market

28 Oct 2021

Citigroup Names Quek, Nimtz Heads of Southeast Asia Dealmaking

The Index Today

The Global Investment Bank, Citigroup Inc. appointed Jonathan Quek and Matthew Nimtz as co-heads of banking capital markets and advisory to oversee the Southeast Asian region.

These two, who were based in Singapore, will replace David Biller who will become the co-head of industrials investment banking to oversee the Europe, the Middle East and Africa, Asia and Japan, according to an internal memo that was seen by Bloomberg. A representative for the bank confirmed its contents.
According also to the internal memo, Quek and Nimtz will report to Jan Metzger, the Asia-Pacific head of Citigroup’s banking capital markets and advisory, and Amol Gupte, who runs the bank’s Southeast Asian operations.
Metzger said in the document, “We are running at record levels for capital raising and advisory for clients across ASEAN.” “This is a mix of balance sheet strengthening and financing to support growth,” he added.

©Photo: Investment news

Clay pottery with table linens