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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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Marc Lewell is returning to London after three years running JP Morgan’s Asia-Pacific syndicate, prompting the appointment of a new head of the desk. -
Jerome Leleu, co-head of equity capital markets for Asia Pacific at Morgan Stanley, has passed away at age 41.
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Banks can start using debt issued by green and small businesses to borrow from the Chinese central bank, markets watchdogs tighten cash withdrawal rules on money market funds, and the banking and insurance regulator tackles excessive corporate borrowing with new guidelines.
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China Merchants Securities’ head of equity syndicate in Hong Kong has taken up a new job in the capital markets team at Fidelity International.
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Shanghai and Hong Kong’s stock exchanges say markets were in good form as the MSCI included A-shares in its benchmark, regulators approve new quotas for outbound and inbound investment schemes, and Aberdeen Standard Investments launches Luxembourg-based fund to tap onshore bonds.
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The central bank chief says competition from international institutions is key to improving the Chinese financial sector, the securities watchdog says the first China Depository Receipts (CDRs) will launch soon, and the Ministry of Commerce tells the US to hold back from taxing $50bn of Chinese goods.
