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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 International Organization of Securities Commissions on Thursday scolded central counterparties for not doing enough to implement policies to ensure their stability. -
Hong Kong Exchanges and Clearing on Thursday said it had selected Roland Chai to be the group’s risk officer. He will start in his new position on June 1.
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David Lim has rejoined Credit Suisse in the newly created position of vice-chairman for private banking, southeast Asia, effective next week.
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UBS has submitted an application to the China Securities Regulatory Commission to bump up the stake in its China joint venture to 51%, becoming the first international bank to take advantage of China’s recent move to open up its financial sector.
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The China cross-border interbank payment system (Cips) started 24 hour operations on May 2, the central bank announced. But Swift thinks there is plenty of room to improve China's clearing and settlement infrastructure.
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GlobalCapital has learned of a third emerging markers banker at risk of redundancy at MUFG, but the bank is adamant that the cuts are a coincidence and there has been no targeted scaling back of EM in this round of redundancies, which has taken place over the last week.
