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Senior banker will move to Abu Dhabi to take up position
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Those at Lehman Brothers on Monday, September 15, 2008 will remember the moment the lines between the London and New York offices went dead. -
A week of turmoil in emerging market stocks could not dampen investor enthusiasm for China’s biggest post-summer IPOs, as issuers used a mix of tight cornerstone allocations and compelling equity stories to get across the finish line. John Loh reports.
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As the market waits for Brazilian banks to launch the first covered bonds out of the country, market participants from the country say it provides the lenders with a useful new instrument. But whether they can reach investment grade status in euros or dollars depends on currency risk mitigation, according to a Moody’s official.
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Franklin Templeton, the California-based fixed income investment firm, has promoted Sonal Desai to chief investment officer.
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French bank Natixis has hired Benito Berber as chief economist for Latin America as it builds out its platform in the region.
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In this round-up, the White House administration is lining up tariffs covering the entirety of Chinese imports, the People’s Bank of China further relaxes cross-border renminbi trading rules, and Bond Connect’s trading platform Tradeweb goes live with block trading.
