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Chinese capital market bankers will be keeping a close eye on a crucial meeting of the country’s Communist Party next week, as China’s president, Xi Jinping, attempts to consolidate his power. Although analysts and economists admit it is hard to read the tea leaves, most think the country’s financial market reform efforts are going to gather pace in the next five years. Paolo Danese reports.
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The Chinese Ministry of Finance (MoF) has begun mandating underwriters to issue two tranches of sovereign dollar bonds – the country’s first outing in the dollar market for more than a decade.
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Credit Suisse has expanded the responsibilities of two veteran bankers, naming one as the chairman of its Hong Kong operation and another as chief executive for Greater China.
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More and more companies are recognising the principle that the atmosphere’s ability to absorb greenhouse gases from combustion cannot remain a free resource forever.
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Standard Chartered has named Abrar Anwar as the new chief executive of its Malaysian business.
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The International Swaps and Derivatives Association (ISDA) on Wednesday published a protocol that limits the scope of legacy credit default swaps referencing Venezuelan debt to obligations not restricted by recent US sanctions on the country.