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Emerging market specialist moves to Middle East
CSFB and Barclays banker was one of market’s most eminent figures
Senior loans banker leaves Deutsche after 14 years
Bank says it is investing in Middle East and plans more hires
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Deutsche Bank has hired a new head of global emerging markets business in Pakistan. -
Leaving investment banking to join the world of impact investing and environmental NGOs is not something people do lightly. But having made that move a decade ago, Keith Tuffley has been tempted back, to help shape the response of Citigroup’s investment bank to the accelerating rise of sustainability.
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DBS Securities (China) officially opened for business on Monday, as foreign banks continue to expand their presence in the mainland.
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HSBC has appointed David Liao and Surendra Rosha as co-chief executives for its Asia Pacific business, succeeding veteran banker Peter Wong.
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In this round-up, China’s exports and imports grow at slower-than-expected rates in May, financial institutions will be evaluated on their performance in supporting the economic development of rural China, and two Chinese financial conglomerates plan to set up financial holding companies.
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In this round-up, US president Joe Biden signs an executive order that bans Americans from investing in Chinese companies allegedly operating in the defence or surveillance sectors, the People's Bank of China raises banks’ foreign exchange reserve requirement, and Beijing gives greater flexibility to securities companies on a ‘whitelist’.
