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Banker had been with Dutch lender for just over a year
Two more follow Darwish and Safa leaving last month
The US bank is reshuffling several roles in the Middle East
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Beijing-based PapayaMobile, a mobile advertising company, this week became the first candidate to back out of its application to list on the Star market. The Shanghai Stock Exchange (SSE) questioned the level of advancement of the firm’s core technologies and its accuracy of disclosure. -
Barclays’ ex-head of EMEA FIG syndicate John Wright has started a new job at Standard & Poor as financial institutions credit analyst.
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Former Credit Suisse banker Jinzi Huang has joined HSBC as an associate director for structured finance and illiquid distribution.
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China’s overnight interbank collateral repo rate fell to a five year low late on July 4, indicating ultra-flush liquidity in the interbank market. But the city-level commercial banks and private enterprises that are in dire need of the liquidity remain thirsty.
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In this round-up, 25 companies will be listed on the Shanghai Stock Exchange’s new tech board on July 22, China’s FX reserves climbed to a one year high and the China Securities Regulatory Commission (CSRC) is set to give permission to domestically funded securities houses after a 10-year hiatus.
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Deutsche Bank’s plan to exit its equities sales and trading businesses globally as part of a far-reaching overhaul of its operations has led to many departures in Asia.
