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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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Are professional codes of conduct shining lodestars for how to behave in financial markets — or dusty screeds of boilerplate that no one can remember? That is what a group of enthusiasts are trying to discover, in the hope that such codes, if used in the best way, could genuinely improve behaviour.
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Apple sets up a fund to invest in clean energy suppliers in China, Citi eyes Chinese investment in India with new team, and Citic International sees waning appetite from onshore corporations and individuals for cross-border solutions because of the US-China trade war.
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Ministry of Commerce (MofCom) criticises Trump’s proposal of additional tariffs, Shanghai government vows to open up the city further, and the banking regulator approves international banks setting up branches and subsidiaries in China.
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Dutch lender ING has hired a director to focus on Latin American and high yield debt capital markets origination as part of its recently launched global capital markets Americas group.
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Goldman nabs senior BAML bankers — Credit Suisse fined $77m — StanChart names Singapore CEO — Ceinex makes progress with D-shares — Ambit hires ECM head
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In a sign of warming relations between China and Germany, regulators in China gave Deutsche Bank the licence to underwrite corporate bonds in the interbank market. But the bank has its sights set on a bigger prize — the right to joint lead underwrite Panda bonds for corporate issuers.