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The US bank is reshuffling several roles in the Middle East
Senior banker will move to Abu Dhabi to take up position
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Chen Gong, chief researcher at leading Chinese private think tank Anbound, tells GlobalRMB that the excessive caution of onshore authorities has made the pace of RMB internationalization far from ideal.
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Neeraj Gambhir has left his position as Nomura's head of fixed income for India.
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The research chief at the People’s Bank of China got into a rare war of words with the finance ministry, regulators push banks to lend to small businesses and buy lower-rated corporate bonds, and the securities watchdog appoints a new head for the international department.
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Chinese lender ICBC partners with a German lender to finance Belt and Road projects, Tradeweb prepares to make Bond Connect trading more liquid, and China Financial Futures Exchange (CFFEX) starts consultation on introducing two-year futures for Chinese government bonds.
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One of Wells Fargo’s senior loans team has left the bank.
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As lawmakers and regulators grapple with the increasing systemic importance of clearing houses (CCPs), Singapore Exchange on Thursday proposed new rules for its derivatives clearing house and central depository to better manage a member default.