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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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Fadi Abuali and structured finance banker Zaid Khaldi are set to replace Wassim Younan and head up the Middle East and North Africa region for Goldman Sachs.
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Fitch has downgraded Malaysia for the first time since the Asian financial crisis, slashing the sovereign rating by one notch to BBB+ due to the Covid-19 crisis and political uncertainty.
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In this round-up, China posts stronger-than-expected export data for November, the banking and insurance regulator fines Bank of China over ‘irregularities’ in a crude oil product, and an Ant Group unit and a Greenland-led consortium win digital banking licences.
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In this round-up, China unveils guidelines to assess its domestic systemically important banks, both the November Caixin China manufacturing and general services Purchasing Managers’ Indexes beat expectations, and the US House of Representatives waves through a bill that could delist Chinese companies from its stock exchanges.
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Government debt management offices are facing a new experience: bond investors enquiring about their countries’ environmental, social and governance attributes.
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Singapore banking veteran Eric Lian has returned to UOB in a senior position after a stint at OCBC.