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The US bank is reshuffling several roles in the Middle East
Executive moves from Deutsche to be MD
Banker poached from Citigroup
Senior banker will move to Abu Dhabi to take up position
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  • Veteran loans banker Peter Zhang, who has worked at Natixis for around a decade, is leaving the firm, according to sources.
  • The UK's foreign affairs committee report, released on Monday, holds the US Treasury’s sanctions strategy in high regard, because of the immediate impact on financial markets. But it misunderstands the reason for the US-driven sell-off, and so its recommendations are faulty as well.
  • Deutsche Bank has picked a new head of emerging market debt trading to replace Sean Bates, who is leaving the bank, according to an internal memo seen by GlobalCapital.
  • SRI
    A leaked copy of draft EU legislation, seen by GlobalCapital, shows that the Regulatory Scrutiny Board, a committee that makes sure EU laws are well drafted and not too onerous, has made the Commission water down its plans to tighten regulation of green investment benchmarks. But strong rules are coming on investors’ duty to consider environmental, social and governance matters and the shape of the sustainable Taxonomy is emerging.
  • Indonesian credits got a quick boost late last week as investor sentiment rose following an interest rate hike. But while the buy-side is again warming up to the country’s bonds, the debate continues over whether the optimism is sustainable.
  • Société Générale has appointed Mark Liu as the group country head for Taiwan, succeeding Godwin Chang who is stepping away from banking.