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The US bank is reshuffling several roles in the Middle East
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In this round-up, China’s economic growth slows in the second quarter, Beijing launches the world’s largest carbon emission trading scheme, and the top market regulator approves Tencent Holdings’ plan to take US-listed search engine Sogou private. -
As Western companies operating in Hong Kong await the details of a warning from the US State Department about the risks of doing business in the special administrative region, analysts say the growing rift between China and the US is putting HSBC in an especially uncomfortable position.
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JP Morgan has hired equity capital markets banker Jonathan Paul, the latest in a series of additions to its Asia Pacific ECM team.
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Bank of America has poached Subhrajit Roy from a local firm in India to take over its global capital markets business for the country.
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Georgia has become the latest country to signal its intention to develop a covered bond law, though given the small size of its mortgage market, issuance prospects are likely to prove limited.
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Simon Denny, whom Barclays hired as head of banking for South Africa in 2019, is no longer with the firm.
