BRIEF-Egypt's Naeem Holding board approves capital increase
* Board approves issued and paid-up capital increase to $218.6 million from $198.7 million through bonus share issue Source: (http://bit.ly/2qvUGWl) Further company coverage: )
March 10 The following financial services industry appointments were announced on Friday. To inform us of other job changes, email email@example.com.
SYMPHONY FINANCIAL PARTNERS
The asset-management firm has appointed Hiroyuki Abe head of business development based in Tokyo, according to its press release, Reuters IFR reported.
The French lender has hired two debt capital markets bankers as it continues to grow its presence in the region, Reuters IFR reported.
The firm has appointed Niall Almeida head of fixed income for Asia ex Japan, according to an internal memo that Reuters IFR has seen.
JP MORGAN CHASE & CO
The bank has set up a new unit in its custody and fund services business to optimise how the business manages risk and capital and it will be headed by Patrick Moisy, according to Reuters IFR.
BANK OF AMERICA CORP
The bank has appointed Jim Cooney as head of its Americas Equity Capital Markets(ECM) business, according to an internal memo seen by Reuters.
J.P. MORGAN ASSET MANAGEMENT
The asset management arm of JPMorgan Chase & Co named Bryon Lake as head of international exchange-traded funds, a newly created role. (Compiled by Arunima Banerjee in Bengaluru)
DUBAI, May 28 Gulf stock markets may have a soft tone in thin trade on Sunday after global oil producers agreed after the close on Thursday to extend cuts in output by nine months to March 2018.