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A US presidential memo from Trump against China kicks off what could become a series of tit-for-tat tariff moves. -
The head of the banking watchdog keeps his job after merger with insurance regulator, officials waive taxes on RMB-denominated oil futures for international brokers and investors, and Fitch says it is maintaining China’s sovereign rating thanks to positive growth and debt trends.
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Credit Suisse has added two senior executives to its A-share research team in China as the firm prepares for an influx of funds ahead of MSCI’s A-share inclusion.
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Credit Suisse has promoted Joe Lai to co-head of China investment banking and capital markets (IBCM), according to a memo seen by GlobalCapital Asia.
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Credit Suisse has put at risk of redundancy three of its emerging markets sales team in New York. Meanwhile, its EM traders based there have been absorbed into a different part of the bank. The move comes after the Swiss firm put two EM debt capital markets bankers in London at risk earlier this month.
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Two senior bankers have joined Deutsche Bank’s CEEMEA team, while Maryam Khosrowshahi is adding to her role with the new title of chairperson of supranational, sovereign and agencies origination.
