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The Reserve Bank of India (RBI) has given the country's banks permission to invest in real estate and infrastructure investment trusts. -
Renminbi internationalisation could give China greater influence over global asset prices in the next decade, but only if regulators can manage to internationalise the currency without destabilising its exchange rate, according to KPMG and Global Financial Markets Association (GFMA).
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Citi is planning to add at least 25 bankers to its Belt and Road coverage team over the next couple of years amid a pick-up in interest from clients.
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Mathias Noack, co-head of debt capital markets for EMEA at MUFG, has been appointed as Loan Market Association chairman by the board.
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In a fillip to the Masala bond market, Reserve Bank of India is excluding offshore rupee-denominated bonds from the investment limits in corporate debt for foreign portfolio investors, effective October 3.
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HSBC has appointed Joseph Incalcaterra as its chief economist for ASEAN, a newly created position at the bank.
