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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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In this round-up, China’s central bank leaves the benchmark loan prime rate (LPR) unchanged for May, the stock exchanges of Shanghai and Shenzhen will allow companies to sell bonds with maturities under one year, and fund manager Fidelity International is looking to break into the onshore mutual fund industry. -
Hong Kong’s equity markets took a hit on Friday and sentiment soured among bond investors over news that China is considering enacting the national security law in Hong Kong. Bankers have described the possible impact as everything from a “death knell” to a “flash point” for the special administrative region’s markets.
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The amount of money that governments around the world have pumped into their economies to help businesses and households hit by the coronavirus pandemic has soared by more than $1tr in the last month alone, writes Phil Thornton.
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Citi picks Nick Darrant as syndicate head — And it sets up new sustainability and science units — JP Morgan reveals next layer of DCM, ECM and M&A bosses
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Isaac Deutsch, who led Sumitomo Mitsui Banking Corporation's Americas specialized finance division between 2012 and 2018 before becoming the firm's deputy Americas CEO, is said to have departed from the bank earlier this week.
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Credit Suisse’s plan to launch a private credit opportunities fund has been undermined by a spying scandal, the departure of Jim Amine, and Covid-19, writes David Rothnie.
