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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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Five senior members of ING's emerging markets and loans teams in London have left the bank, according to sources close to the matter, as part of the bank's broader restructuring of its debt capital markets and advisory operations. -
A long-standing capital markets practitioner is leaving BNP Paribas.
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In this round-up, US president Donald Trump warned of higher tariffs should his Chinese counterpart not meet him at G20, UBS’s chief economist employed questionable language when discussing the rise of Chinese consumer prices, and total exports edged up in May while exports to the US fell again.
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In this round-up, Pan Gongsheng, vice governor of the People’s Bank of China, suggests cancelling quota limits for the Qualified Foreign Institutional Investor (QFII) scheme, the National Development and Reform Commission (NDRC) heightened scrutiny on offshore bond issuers, and the Hong Kong Insurance Authority prepares the ‘Mainland-Hong Kong Insurance Connect’.
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Green bond specialists are divided over whether proceeds of labelled green bonds can be used for operating expenditure, or whether they should mainly or entirely be used for capital expenditure.
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Finance for climate-related projects in emerging and developing countries provided by the world’s five largest multilateral development banks (MDBs) hit an all-time record of $43.1bn in 2018.
