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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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The insurance watchdog in Hong Kong is hoping to mimic Stock Connect as it considers a cross-border access scheme with the mainland market, the renminbi is the fifth most used payments currency, and DBS is planning to set up a securities joint venture in China. -
The Chinese central bank’s monetary policy committee reiterates its neutral stance, top economic planner to abolish foreign ownership limits in the financial sector in three years, and the vice premier argues that protectionism could drag global growth into negative territory.
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Foreign investors are bullish about the prospects for RMB-denominated investments in the Mainland, but liberalising access to derivatives and promoting two way flows need to be priorities for regulators, foreign investors told the Institute of International Finance’s China Financial Summit.
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Anagh Chaudhry, a member of the Asia ECM syndicate team at Deutsche Bank, has resigned from the firm.
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Friday marks one year since the launch of the Task Force on Climate-Related Financial Disclosure’s final guidelines — a blueprint for companies to report to investors how they are facing up to climate change.
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The Asian dollar loan market is set for some new competitors. A number of Chinese joint stock commercial banks are seeking approvals to set up branches in Hong Kong, with a view to arranging syndicated deals. What impact will this have? Pan Yue finds out.
