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Emerging market specialist moves to Middle East
CSFB and Barclays banker was one of market’s most eminent figures
Senior loans banker leaves Deutsche after 14 years
Bank says it is investing in Middle East and plans more hires
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  • Crédit Agricole has hired a senior China economist from Bank of America to head up its research team for Asia ex-Japan.
  • Joey Mak, a former loans banker at Mizuho, has joined Bank of Communications as section head of the structured finance department.
  • SRI
    Central banks are promoting a set of climate scenarios that may encourage banks to continue financing fossil fuel expansion when they should be shutting it down, according to an NGO — highlighting the immense influence central banks could have on climate policy.
  • A new level of harmonisation and simplicity in financial markets communication is on the horizon, according to supporters of the Common Domain Model — a coding framework that will allow bonds, repos and derivatives to be described in a single format, potentially making processing more efficient and less manual.
  • Hong Kong’s Securities and Futures Commission has hit UBS and its securities unit with a combined HK$11.55m ($1.5m) in fines for regulatory breaches.
  • China’s securities regulator is pushing for closer co-operation with the US Securities and Exchange Commission to support overseas listings.