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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 flow of money into bonds and equities in emerging markets in February slowed to its lowest level since the 'trade tantrum' last August, amid signs that the spread of the coronavirus has prompted a reassessment of country risk.
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China has launched a streamlined system for corporate bond issuance. The move should be applauded — but it further muddies the waters in China’s regulatory system, writes Rebecca Feng. -
HSBC has made Mehmet Mazi global head of debt trading and financing, a newly created position. It comes after the departure of Elie El Hayek, a veteran of the bank who had run fixed income.
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In this round-up, China’s Purchasing Managers’ Index (PMI) dropped to record lows in February, the Hainan provincial government has stepped in to restructure HNA Group and the updated Securities Law took effect on Sunday.
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China’s new securities law went into effect on Sunday, making major changes that will benefit issuers in the ‘enterprise bond’ market much more than their counterparts in the rival ‘company bond' market, according to bankers.
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Nomura has established a strategic partnership with Indonesian brokerage Verdhana to boost its equities execution and research in the country.
