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Many international investors are refraining from participating in Bond Connect because they still have little clue on how their investments will be taxed, as well as hoping for more institutions to offer FX liquidity to the scheme, according to market participants.
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Cathay United Bank has named a replacement for Benjamin Wong following the senior loans banker’s exit from the Taiwanese lender’s Hong Kong branch after less than a year.
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BBVA is shuffling several senior bankers in its global project finance team, after its global head of energy project finance departed to take up a role at ING Capital in New York.
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MiFID II’s purpose is to create a transparent and fair market, but its research unbundling might do the opposite for small fund managers. The sky high fees charged by some banks create an unnecessary barrier to entry and could hurt the functioning of markets.
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Standard Chartered Bank has relocated one of its DCM bankers to Dubai.
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Standard Chartered has added a debt capital markets banker with over 10 years of experience to its team in Hong Kong, bolstering the Greater China business.