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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 gravity in the relationship between Hong Kong and China’s financial markets has unquestionably shifted north in the past two decades. But instead of fearing competition, Hong Kong should embrace this change and build on its leading role in offshore RMB business, senior financial regulatory officials told a forum at the Hong Kong Stock Exchange on Friday. -
Jitters over Italy’s political turmoil receded slightly on Thursday, giving Asia’s stock and bond markets a bit of respite, even as talk of a trade war between China and the US reappeared.
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Credit Suisse has re-hired Josh Presley to work on its debt syndicate team, this time in New York.
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Jitters around Italy’s political turmoil made its way to Asia’s bond and stock markets on Wednesday, forcing debt capital markets bankers in the region to hit the pause button on deals.
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UBS has hired senior investment banker Ranjan Sharma as head of equity capital markets for India, according to a source familiar with the matter.
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The London-Shanghai Stock Connect appears to be finally taking shape after several years in the making. But with the dollar beating the renminbi and the pound to become the link’s major trading and settlement currency, the scheme looks increasingly skewed towards investors in the US rather than those in the UK and Europe.
