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Third Saudi capital markets banker to leave in recent months
Replacement for Derant Lakoue poached from Standard Bank
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Generals, and financial regulators, are always fighting the last war. So it proved when the coronavirus slammed into international markets in mid-March. Many of the tools developed in the 2008 financial crisis were deployed to great effect by central banks. The corners of the financial markets that propagated weakness in 2008 passed the test of 2020. But new risks were thrown up, forcing a new round of improvisation. What lessons will be drawn from the Covid-19 crisis?
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Jorge Masalles Sarragúa has become chief executive of Commerzbank Iberia, as the previous occupant heads to perform the same function for Hungary. -
In this round-up, Beijing braces for a second wave of local infections from Covid-19, China's industrial production grows for a second straight month, and American Express secures a clearing licence onshore.
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In this round-up, China’s central government pushes ahead with reform, both the consumer price index and the producer price index were weaker than expected in May, and aviation activity and car sales warm up.
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NatWest Markets names CEO and CFO — Natixis appoints new managers for UK and Middle East — Barclays' private capital markets boss leaves
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HSBC and Standard Chartered are facing a backlash from investors and politicians after publicly supporting China’s planned security law for Hong Kong.
