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HSBC has named Mukhtar Hussain, chief executive of the bank in Malaysia, to the newly created position of head of Belt and Road Initiative (BRI) for Asia Pacific.
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The US president says China will lower trade barriers and make a deal with Washington, the recently merged banking and insurance watchdog officially launches, and Vanguard makes five exchange-traded funds (ETFs) available in RMB and dollars in Hong Kong.
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Beijing and Washington raised the stakes in a trade stand-off with new tariffs, the chief executive of Hong Kong’s stock exchange remains upbeat despite the launch of Chinese depository receipts (CDRs) and Bank of China’s cross-border RMB index ends 2017 on the up.
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A senior member of Barclays’ emerging markets DCM team has quit to join Goldman Sachs.
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The new central banks’ Network for Greening the Financial System will hold its first full scale gathering in Amsterdam on Friday, to begin its work of helping central banks and financial supervisors cope with an issue for which there is no precedent — how to keep the financial system stable when the climate is changing.
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The Singapore Exchange (SGX) has appointed Mark Leahy as head of fixed income, responsible for executing the bourse’s strategy for its bond trading business, including encouraging institutional participation.