kpmg

The Los Angeles-based investment bank hires Edward Middleton as the Asia Pacific debt market expands and opportunities for restructuring advice grows.

As the M&A deal closes, specialists wonder whether the new buyers have scored an own goal and what difficulties lie ahead for Chinese investments in European football.

The merger, valued at about $1.2 billion, will make the combined entity the fifth largest IT services company in India.

KPMG gives up on the Chinese forestry company more than 12 months after it first brought the irregularities to light.

KPMG has been hired to wind down MF Global in Hong Kong and Singapore, and find a buyer for the assets.

Banks in Hong Kong face an uncertain outlook thanks to persistently low interest rates and the migration of local-currency deposits into renminbi.

Retail investors will be allocated 18.7% of Sun Art's $1 billion IPO after reconfirming 93.3% of their original allocation after the detection of a prospectus error. The process results in an overall take-up ratio of 98.8%.

Sun Art will need to issue a supplementary prospectus and give retail investors a chance to withdraw their orders after overstating its earnings per share for the past three years.

Former RBS banker Richard Dawson has joined KPMG as its new head of debt advisory based in Hong Kong.