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Senior banker will move to Abu Dhabi to take up position
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Fund investors have taken on the senior debt supporting a €1.4bn acquisition of a Bank of Cyprus non-performing loan portfolio by Apollo Global Management last week, despite its lack of a rating.
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The Hong Kong Green Finance Association (HKGFA) is poised to launch later this month, triggering a new set of efforts in the city to encourage private sector participation in green financing.
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Vicky He has joined Credit Suisse in the newly-created position of head of syndicate for north Asian loans, after spending a year at Standard Chartered.
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Jiten Arora took over as Standard Chartered's global head of commercial banking on August 30, according to a Monday press release.
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In this round-up, Donald Trump says more tariffs on Chinese imports are likely, the Chinese authorities release the first London Connect details under public consultation, and State Administration of Foreign Exchange (Safe) adds Ray Dalio's hedge fund to the list of RMB qualified foreign institutional investors.
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The Chinese president marks the fifth anniversary of the Belt and Road Initiative (BRI), the US finance minister says China’s support for the renminbi does not count as currency manipulation, and the State Council clarifies its tax collection policy for Bond Connect investors.