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Goldman Sachs boosts dealmaking capacity in Southeast Asia

Goldman Sachs Group has hired senior investment bankers in Singapore as the US lender looks to bolster its dealmaking capabilities in Southeast Asia. Chua Hui Yin from JPMorgan Chase & Co was hired to cover corporate finance and execution, as well as Oversea-Chinese Banking's Andrew Teo for Singapore investment banking. Srijith Nair joined Goldman last year as head of Southeast Asia financial institutions group from Barclays. Andy Tai, who has been with Goldman for about 15 years, has moved to Singapore from Hong Kong as head of Southeast Asia investment banking. Data showed that Goldman is ranked third for mergers and acquisitions in Asia this year, advising on USD80.9bn worth of deals. It ranks fifth for equity offerings in Asia ex-Japan so far in 2022.

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