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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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Shanghai-based China Pacific Insurance Co (CPIC) has received the green light from its board to list in the UK using the London-Shanghai Stock Connect, becoming only the second Mainland company to do so. -
The People’s Bank of China and the Ministry of Finance are both planning returns to the offshore renminbi debt market this week.
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ANZ is expanding its sustainable financing efforts with the appointment of a new business head.
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In this round-up, the US exempted 400 Chinese goods from import tariffs while China cancelled trips to US farms, two top Chinese regulators jointly addressed funding difficulties facing smaller corporations and custom authorities detained a FedEx pilot on suspicion of carrying ammunition.
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A former director of research at CLSA has joined UBS Investment Research as a managing director, according to a note from the Swiss bank.
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Challenges are rife across the banking industry in the Gulf. As banks struggle to keep up with technological innovation and the growth of foreign competition, domestic players told GlobalCapital what needs to be done to combat these existential threats.
