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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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Crédit Agricole has chosen a new global head of debt capital markets.
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This month, Jim O’Higgins is to retire after 15 years at ICBC Standard Bank.
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Gaëlle Olivier is set to take over as the chief executive officer for Société Générale Asia Pacific in January next year, succeeding Hikaru Ogata who is leaving the bank.
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Xiaofei Guo has joined Natixis to support the bank’s green and sustainable deal origination and solutions sales in Asia Pacific.
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A new drive is being launched by investors in London today to persuade companies to root out modern slavery in their supply chains. The quest will be hard in two ways: firms will risk bad publicity if they find slavery; and investors are unlikely to make money out of the work.
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The Securities and Futures Commission of Hong Kong has fined UBS HK$400m ($51m) for overcharging its clients over a 10-year period — in the latest penalty to hit the Swiss bank in the city.