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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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Polite, sincere, with a swift wit, David Pepper had a huge presence in Europe's syndicated loan market. -
Commerzbank has hired Jason Ho as its Hong Kong-based head of Greater China primary bonds, to strengthen its debt underwriting franchise in Asia and in China.
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UBS has reorganised the senior management team of its global banking business in Asia Pacific, less than three months after revamping its investment banking unit globally.
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The China Banking and Insurance Regulatory Commission (CBIRC) published the first set of capital requirements for banks’ wealth management subsidiaries on Monday, with the rules set to go into effect on March 1 next year.
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In this round-up, the Purchasing Managers’ Index (PMI) showed a surprise increase in November, the People’s Bank of China (PBoC) and other state regulators jointly released comprehensive guidelines for rating firms and Industrial and Commercial Bank of China (ICBC) named a new chairman for its supervisory board.
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In this round-up, profits at Chinese industrial companies declined further in October, Sun Hung Kai Financial (UK) became the latest GDR conversion institution and MSCI said it will not include more Chinese A-shares into its indices until access concerns are addressed.
