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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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The new president of the World Bank used one of his first public speeches this week to call for comprehensive transparency over countries’ “hidden” debt burdens that make it harder to resolve a financial crisis.
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Index provider MSCI has confirmed, following this month's semi-annual review, that it will raise the inclusion factor of Chinese A-shares from 5% to 10%, effectively increasing the weight of A-shares in its MSCI Emerging Market Index from 0.72% to 1.46%. -
In this round up, China-US trade tension peaked with US president Donald Trump’s market-moving tweet, Chinese FX reserves dipped in April and the amount of Qualified Foreign Institutional Investors (QFII) quotas approved in April surpassed that of all of last year.
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The China Banking and Insurance Regulatory Commission is planning to impose tighter rules on the recognition of non-performing loans (NPLs), forcing banks to provide more transparent data about the health of their assets.
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The European Investment Bank is preparing to launch a new entity — potentially called the European Bank for Sustainable Development — that will focus on sustainable projects outside the EU, GlobalCapital understands.
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Chaoni Huang has left her job leading Natixis’ sustainability efforts in Asia Pacific.
