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Emerging market specialist moves to Middle East
CSFB and Barclays banker was one of market’s most eminent figures
Senior loans banker leaves Deutsche after 14 years
Bank says it is investing in Middle East and plans more hires
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UBS has appointed Axel Granger as head of M&A and head of financial sponsors for southeast Asia, a newly created position at the bank.
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In this round-up, consumer inflation in China turns positive in December, Beijing announces rules to protect Chinese companies from sanctions of foreign governments, and the banking and insurance regulator hands a Rmb200m ($30.1m) fine to financial institutions including China Development Bank and Industrial and Commercial Bank of China.
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In this round-up, the central bank sets working goals for 2021, the Chinese government extends its policy to support small and micro-sized enterprises, and the US bans eight Mainland-based applications including the popular Alipay and WeChat Pay.
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Monita Chang, a senior director in Mizuho’s debt structuring and syndication team in Hong Kong, is leaving the bank, according to a source close to the situation.
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Crédit Agricole has named Victoria Land as its new head of sustainable banking for Asia Pacific.
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The stock exchanges in Shanghai and Shenzhen have introduced new regulations to forcibly delist companies, fast-tracking the process and giving more clarity about the various scenarios that can push firms to exit the bourses. There are loopholes, however, and the true impact of the regime on China’s equities market will probably be limited, writes Addison Gong.