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Two more follow Darwish and Safa leaving last month
The US bank is reshuffling several roles in the Middle East
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European asset manager Amundi is launching an open-ended fund for institutional and retail investors that will buy hard currency green bonds issued by emerging markets issuers.
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HSBC’s CEO Noel Quinn is expected to announce a new leader for its sustainability agenda soon, as Daniel Klier is leaving to join Arabesque, an asset manager and technology company.
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Hong Kong’s Securities and Futures Commission (SFC) is planning to bring in sweeping changes to rules governing equity and bond deals, requiring syndicate teams to be fixed earlier and fee structures to be disclosed. The moves have divided bankers. Jonathan Breen and Morgan Davis report.
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Deloitte has hired another former investment banker to work with financial firms, in the form of Guy Stevens.
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Hong Kong’s stock exchange operator has named Nicolas Aguzin, chief executive of JP Morgan’s international private bank, as its new CEO.
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Chinese regulators have made a long overdue move to reduce the number of boards at the Shenzhen stock exchange. That points to a greater commitment towards streamlining the country’s sometimes confounding capital markets.