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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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The International Monetary Fund has doubled its emergency financial package for emerging and developing countries hit by the Covid-19 pandemic, its managing director said on Thursday, as she warned that the global economy would suffer its worst slump since the Great Depression. -
The European Bank of Reconstruction and Development told GlobalCapital that alongside providing €1bn of emergency short-term funding, it is also considering debt repayment extensions for existing clients amid the coronavirus crisis.
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In this round-up, China's foreign currency reserves decreased by $46bn in March, and non-Chinese institutions continued to add onshore bonds to their books.
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In this round-up, US president Donald Trump lashes out at the World Health Organization (WHO) for being too ‘China centric’, and the State Council plans to develop more active capital markets and promote e-commerce trades.
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Veteran capital markets banker Richard Taylor has left CLSA after more than two decades at the boutique investment bank.
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The China Securities Regulatory Commission (CSRC) is speeding up the approval process for IPOs and follow-ons for companies impacted by the Covid-19 pandemic, GlobalCapital China understands.
