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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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The syndicated loan market is undergoing a transformation. Borrowers are growing in sophistication and artificial intelligence is creeping into the syndication process. It's time lenders faced a reality check: get with the programme, or get gone.
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Loans banker Daniel Chung is leaving Maybank Kim Eng to join CTBC Bank's Hong Kong team, according to sources.
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Syndicated loans banker Marilyn Fung has joined Standard Chartered’s loan syndication team in Singapore.
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Hengfeng Bank will soon become the third Chinese bank to be taken into state control, since the People's Bank of China (PBoC) took over Baoshang Bank in May — a move that pushed Hengfeng into a liquidity crunch.
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A former co-head of Asia Pacific equity capital markets HSBC Alexis Adamczyk has started work at Far East Consortium International, just months after leaving the bank.
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In this round-up, China warned Hong Kong’s Cathay Pacific Airways amid intensifying protests in the city, Hengfeng Bank received state backing after Baoshang and Jinzhou moves and the offshore Chinese market experienced the largest outflows since March