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Change reflects growing importance of Saudi Arabia
Better read on secondaries would help syndicates price bonds
Third Saudi capital markets banker to leave in recent months
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Yury Kiselev has been promoted at Société Générale to head of debt capital markets for central and eastern Europe, the Commonwealth of Independent States and Russia.
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Hong Kong’s stock exchange is looking to put artificial intelligence technology to use for reviewing disclosures by listed companies.
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The International Fund for Agricultural Development, the Government of Cambodia and the European Investment Bank have launched a $124.5m rural development project to boost income and food security in the southeast Asian country.
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Chinese stocks plummeted on Monday morning, the first trading day after the Lunar New Year holiday. The plunge came despite measures from the central bank and securities regulator to inject liquidity and ban short selling.
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In this round-up, UBS expects China’s GDP growth to drop to 3.8% in the first quarter due to the outbreak of the novel coronavirus, Hong Kong banks shut branches to limit the virus spread and Chinese regulators step in with stablising measures for financial markets.
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Devesh Ashra has left his position as co-head of Asia Pacific debt solutions at Bank of America in Hong Kong.