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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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Bondholders appear to be sleepwalking over the precipice of a debt standstill chasm as the fissure of the emerging markets funding crisis yawns wider by the day. The IMF and World Bank have called for a suspension of debt payments to official and private creditors but there is scant evidence that the latter are alive to that possibility becoming a reality. Ross Lancaster, Phil Thornton and Oliver West report.
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Singapore has imposed a month-long lockdown after a spike in coronavirus cases. Bankers say they were ready for the move — but deal flow will suffer. Rashmi Kumar reports.
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Nomura has hired a new head of investment banking for Southeast Asia.
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DBS’s former head of North Asia loan distribution and origination is set to join China Citic Bank International, according to multiple sources aware of the move.
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The way Asian states including China have dealt with the coronavirus has put Europe and the US in the shade — now they should lead the international financial fightback.
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The Asian Infrastructure Investment Bank (AIIB) has approved a Rmb2.485bn ($355m) emergency loan to China. It will be used to upgrade public health infrastructure in Beijing and Chongqing and provide emergency equipment and supplies to the two cities.