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BNP Paribas' Greater China CEO Paul Yang has stepped in as a temporary replacement for the bank's China head, who left after only a brief reign. The French lender has also appointed a new head of its RMB competence centre. -
A third member of BNP Paribas’s emerging markets bond sales and trading team has left the bank.
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Credit Suisse has picked Allan Chu as its new head of technology, media and telecom for Greater China, according to sources.
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China’s FX watchdog indicates that new quotas will be granted for two outbound investment schemes, the country’s economic planner prepares to roll out new negative investment lists, and Citi partners with Bank of China and China Merchants Bank to finance Belt and Road projects.
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S&P Global Ratings is preparing to launch an ESG Evaluation product, competing directly with socially responsible investment (SRI) rating firms such as MSCI and Sustainalytics.
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Emerging market bond investors have welcomed JP Morgan’s launch this week of a new suite of indices that integrate environmental, social and governance (ESG) factors. The indices could help investors launch new funds.
