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Emerging market specialist moves to Middle East
CSFB and Barclays banker was one of market’s most eminent figures
Senior loans banker leaves Deutsche after 14 years
Bank says it is investing in Middle East and plans more hires
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Simon Eedle has been named senior country manager for the UK at Natixis’s corporate and investment bank. Barbara Riccardi steps into his old position as regional head for the Middle East. -
Hong Kong’s renowned activist investor David Webb revealed this week that he has been diagnosed with cancer and will be taking a step back from his regular critiquing of governance and regulation in the city.
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The Shanghai Stock Exchange has clarified rules around red-chip companies listing on the Star board, shedding light on some areas that have previously confused bankers in China.
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In this round-up, China releases a white paper detailing the country’s efforts in fighting the Covid-19 pandemic, trade surplus surges in May as imports plunge, and the Mainland’s foreign currency reserves are better than expected.
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In this round-up, China says it will make the Hainan province a world-class “free trade port”, the May Caixin China general services purchasing managers index beat consensus by a large margin, and the central government will sell over Rmb100bn ($14bn) of treasury bonds next week.
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Programmes to cut the debts owed to official and private creditors would deliver much-needed financial assistance to emerging markets hit by the Covid-19 pandemic, according to a report by leading economists.
