Deutsche eyes dual bond licences in China

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By Noah Sin
10 Jul 2018

In a sign of warming relations between China and Germany, Chinese authorities said they would let Deutsche Bank underwrite corporate bonds in the interbank market. The bank is hoping to grab two different types of underwriting licences, GlobalRMB has learned.

The two governments agreed to grant Deutsche Bank the licence to underwrite non-financial corporate bonds, following a meeting between Angela Merkel, the German chancellor, and Li Keqiang, the Chinese premier, on Monday, according to a July 9 report by the state-owned Xinhua news agency.

The German lender is looking to scoop two ...

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