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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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Goldman Sachs and Morgan Stanley have received the green lights from the China Securities Regulatory Commission (CSRC) to increase ownership in their Mainland joint ventures to 51%. -
Unusual or less traditional ways of trading bonds — via electronic platforms and exchange-traded funds — look set to come out well from the recent market turmoil.
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In this round-up, Chinese industrial profits recorded the steepest drop in a decade, US president Donald Trump praised China’s understanding of Covid-19 and Hong Kong bourse’s Charles Li said closing the market is not the solution to stem sell-offs.
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In this round-up, China will block foreigners from entering the country starting Saturday, residents of Hubei are allowed to leave the province after two months of being under lockdown and the China Banking and Insurance Regulatory Commission is setting up a holding company to manage state-owned asset management companies.
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Standard Chartered is forming a new financing and securities services unit that will combine securities services, which currently operates within transaction banking, with portfolio risk management in the financial markets business.
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A former joint head of the IPO vetting team in the Hong Kong Stock Exchange's listings department has been charged with bribery and misconduct while in office.
