The Royal Bank of Canada Global Asset Management unit named Mayur Nallamala as its new Asian equities head.

Japanese group LIXIL Corp completed its purchase of ASD Americas Holdings Corp for USD 542 million.

Hong Kong Exchanges and Clearing Ltd announced London Metal Exchange Executive Martin Pratt as new CEO.

China's central bank said it would include all loans issued by trust companies in its database in an effort to curb risky lending.

Beer makers Heineken and Carlsberg said they would be looking to Asia and their new product offerings to meet their forecasted earnings this year.

Lloyds Banking Group announced its sale of Heidelberger Leben for EUR 300 million to Cinven and Hannover RE.

Canadian investment manager Brookfield Asset Management Inc was able to raise USD 1 billion for its fifth fund.

Norway said its sovereign wealth fund could now include Africa Israel Investments and its subsidiary company Danya Cebus in its investment portfolio.

Sergei Shvetsov was named as the head of a new Russian "mega-regulator" to oversee the country's financial markets.

JPMorgan Chase had identified possible candidates for new directors of the bank's board . JPMorgan Chase & Co is near to identifying the company's two newest directors, according to Reuters' source.