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Emerging market specialist moves to Middle East
CSFB and Barclays banker was one of market’s most eminent figures
Senior loans banker leaves Deutsche after 14 years
Bank says it is investing in Middle East and plans more hires
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In this round-up, the central bank announced an expected cut to the loan prime rate (LPR), the publishing of monthly credit data for January came later but better than expected and offshore investors have increased their exposure to domestic Chinese bonds since Lunar New Year.
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In this round-up, China is set for an unprecedented postponement of its March “Two Session” meetings this year, premier Li Keqiang cautioned against the potential economic fallout from the novel coronavirus outbreak, and the US designated five Chinese media outlets as foreign missions.
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Europe’s capital markets are back in super-demand mode.
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Frontier market bond issuance dropped in 2019, with sovereign issuance at its lowest figure since 2011, amid signs that private-sector creditors are pulling back from riskier countries.
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Luminor Bank has mandated leads for the first covered bond from the Baltic region.
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Chongqing Rural Commercial Bank is set to become the first rural commercial bank in China to set up a wealth management subsidiary, joining 16 larger banks that have already entered the industry.