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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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Credit Suisse has hired three senior bankers from rival firms in Hong Kong to beef up its Asia Pacific prime services unit, according to an internal announcement seen by GlobalCapital Asia.
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Public institutions want to up their stake in RMB assets, S&P says it wants a subsidiary in Mainland China, and Fidelity warns investors of rising default risk among corporate issuers in the onshore bond market.
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One of the most radical reforms ever made to financial markets is set to become law in a matter of weeks. Investors in Europe will have to ask clients about their environmental, social and governance preferences, and then abide by these choices.
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The European Commission adopted its first Sustainable Finance package on Thursday — draft laws that will begin to implement its strategy. The proposals have been changed at the request of an internal EC committee, to make them more workable, especially when it comes to the planned Taxonomy of green and sustainable activities.
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A flurry of changes have taken place in Credit Suisse’s Asia Pacific operations.
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Nomura has hired Bank of America Merrill Lynch banker Anshul Trivedi to lead its Asia ex-Japan equity syndicate team, according to a memo seen by GlobalCapital Asia.