World
Morgan Stanley had more than 80,000 employees worldwide at the end of 2024.
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PDD Holdings' revenues hit by intense China competition, challenges abroad
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Allianz, Jio Financial said to have reached initial deal for India insurance biz
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Cryptocurrency exchange Kraken to acquire NinjaTrader for $1.5b
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EQT-led consortium completes acquisition of Nord Anglia Education
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SME financing platform Validus to discontinue lending services in Vietnam
GoTo Financial may be spun off in potential Grab-GoTo merger
Singapore’s Meet Capital launches $10m maiden fund to invest in SE Asian startups
Global LPs step in as SE Asia’s deep tech funding moves beyond local investors
Funding Societies secures investment from Gobi Partners and other SE Asia deals
Philippines
Rosel will succeed Jay Fajardo.
Indonesia
Beleaf has reportedly reduced its workforce from 125 to 85 across all departments.
Greater China
The reductions mainly targeted junior positions.
Singapore-born Lip-Bu Tan founded VC firm Walden International in 1987.
India
The summons does not imply an extradition risk for the businessman.
Yu Beihua was formerly head of AXA’s China fund joint venture.
Vietnam
Archer Goh was part of Temasek-owned Pavilion’s SE Asia investment team.
Singapore
Tang will lead its product and solutions strategy for the Hong Kong branch.
Just last month, two more managing directors announced their exits.
