Citi expands North Asia desk 25%, Invesco names new APAC head amid China controls

Citi is increasing headcount on its North Asia and Japan corporate banking desk by 25% after double-digit client activity growth, while Invesco appoints a new Asia-Pacific head. The moves signal continued Western financial commitment to Asia despite geopolitical tensions and Beijing's tightened outbound investment controls. The expansion is a modest positive for regional banking activity, though the impact of China's regulatory tightening remains uncertain.