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An emerging markets focussed portfolio manager at Amundi has joined Algebris Investments to work on its macro credit fund.
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China’s Ministry of Finance is set to hold its second offshore renminbi (CNH) bond auction of the year on November 30 in Hong Kong. The Rmb7bn ($1.06bn) offering will come just a month after China sold its first dollar bond in over a decade.
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A banker at DBS’s syndicated finance unit in Hong Kong has left the Singaporean firm after five years, according to sources close to the matter.
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The long-awaited Shanghai-London Stock Connect is set for launch next year, a source at the London Stock Exchange has revealed.
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Citi has combined its Middle East and Africa (ex-South Africa) investment banking divisions and named a head for the new entity.
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GAC-Sofinco Auto Finance completed a Rmb4bn ($603.6m) asset-backed securities transaction on Monday, its first in China since 2014. The originator focused on tight pricing, thereby snubbing investors vying for a bargain, but it still gained the support of accounts familiar with its business.