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Two more follow Darwish and Safa leaving last month
The US bank is reshuffling several roles in the Middle East
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JP Morgan has hired Jonas Troeber as its new head of equity syndicate for Australia and New Zealand, according to an internal memo seen by GlobalCapital Asia. -
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.
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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.
