Gokul Laroia assumes full leadership responsibility across the region following the announcement by Wei Sun Christianson of her retirement, after having served 20 years at the bank.
Kazakhstan's first offshore renminbi bond makes little financial sense but might go some way to repairing the suspicion built up of Belt and Road Initiatives in the country.
State Bank of India’s agreement to buy Yes Bank stems from the central bank’s aspiration to maintain trust in the country’s financial system. However, as bank share prices and deposits fall, not everyone is reassured.
Many founders of successful businesses would seek a successor rather than put the business up for sale. In such cases, families are encouraged to start planning well ahead of any shift in control to later generations.