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Crédit Agricole reorganises loans business amid busy hires and promotions in industry
The future of the great investment banking Gulf expansion
Some capital market staff laugh off risks, others worry about their families
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In this round-up, the Chinese banking and insurance regulator fines three commercial lenders, the People’s Bank of China reviews the implementation of its monetary policy in the first quarter, and the pace of local governments selling bonds moderates in April. -
China has made some much-needed changes to rules for foreign investors using the Qualified Foreign Institutional Investor scheme and its renminbi sister scheme, reviving some of the appeal of these access programmes.
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In this round-up, China’s foreign exchange reserves see an unexpected rise last month, export data improves but imports drop, and the central bank is planning to issue three month and one year renminbi bills in Hong Kong next week.
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In this round-up, the US refuses to back down from accusing China of covering up the origins of the Covid-19 pandemic, but despite the rising tensions, top trade officials from the countries spoke on Friday morning.
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UBS has hired from China’s top banking and insurance regulator for a newly created job called China integration lead.
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The Asian Infrastructure Investment Bank has approved a $500m loan to help India combat the Covid-19 pandemic, as the number of cases in the country surpasses 56,000.
