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Senior banker will move to Abu Dhabi to take up position
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In this round-up, the China Banking and Insurance Regulatory Commission (CBIRC) published 18 new regulations for foreign banks in China, the People’s Bank of China (PBoC) has not injected money through reverse repo for a number record number of days and Spain and China sign MoU for closer financial collaboration and potential Panda bonds. -
Santander Brasil has tested the country’s Letra Imobiliária Garantida (LIGs) covered bond regime with two privately placed deals.
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After months of work to reach a trade deal, analysts say that the best one can hope for is a truce rather than an end to the confrontation. Meanwhile, China is tightening trade ties with potential allies as an antidote to a possible escalation.
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In this round-up, Bond Connect has chosen Bloomberg to become its second electronic trading platform, the renminbi dropped one place in Swift’s payment rankings, and onshore banks are adding assets at decreasing speed.
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Goldman Sachs has given two of its long-term employees additional responsibilities within the Asia ex-Japan investment banking division.
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Chinese and French banks may take advantage of a new Luxembourg green covered bond law, where the cover assets are linked to renewable energy, according to an official at the Luxembourg Stock Exchange (LuxSE).
