World
Kaplan will give strategic advice to the Wall Street giant’s clients globally.
Octopus Energy's valuation rises to $9b after CPPIB, Generation Investment raise stake
PE firms weigh potential buyout of NY-based fitness company Peloton
CICC, Citic, JPMorgan slash investment banking jobs in China as deals stall
Former Dallas Fed chief Kaplan named Goldman Sachs vice chairman
India Digest: Parseable, Superplum, Cornext raise funding
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CVC-led group to buy 65% stake in Lippo-backed hospital chain Siloam for around $1.6b
Jungle Ventures looking to dig into SE Asia’s F&B sector with Yay! Group investment
Sale process of Malaysia’s Island Hospital by PE firm Affinity draws investors
Singapore co-working laboratory provider NSG BioLabs raises $14.5m
Troubled crypto platform Zipmex appoints liquidator to wind up operations
Greater China
Employee numbers were 126 at the end of December, down from 234 a year earlier.
Quinn last year defeated Ping An’s long campaign to get HSBC to spin off its Asia business.
India
Godrej Enterprises and Godrej Industries will continue to use the Godrej brand.
Indonesia
Beacon VC has partnered Indonesia’s SUN Group to invest in Thai startup ION Energy’s $3-million Series A round.
The job cuts are part of a planned overhaul launched to boost profit, sources said.
Tesla rolled out FSD four years ago but has yet to make it available in China.
Wong will serve as an advisor to the board for the remainder of the calendar year.
It is seeking candidates with expertise in business development, user acquisition, and customer retention.
Rest of Asia
Imatsu will retain his roles as co-head of global interest rates and co-head of the Asia Pacific fixed income, currency and commodities.