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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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Nick Darrant, JP Morgan's head of CEEMEA debt capital markets syndicate, is leaving the bank after five years to join Citigroup as co-head of EMEA syndicate.
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Hong Kong’s benchmark Hang Seng Index made a historic change this week, allowing companies with weighted voting rights (WVRs) and secondary-listed shares on to the index.
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One of China’s most powerful bond market regulators has issued a warning to Industrial Bank and Citic Securities, after the two banks accepted an underwriting fee the regulator said was “far below” market standards.
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In this round-up, the chairman of China’s top securities regulator says the country will step up on its crackdown of fraudulent behaviour in the financial market, and the governor of the People’s Bank of China (PBoC) talks about policies to overcome the impact of the pandemic.
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In this round-up, China releases better-than-expected credit data for April, both consumer and producer inflation numbers ease onshore, and the central bank sells Rmb30bn ($4.23bn) of renminbi bills in Hong Kong.
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In this round-up, the relationship between the US and China deteriorates, the US warns its pension fund against investing in Chinese equities, and Mainland regulators vow to develop the financial markets of the Greater Bay Area.