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Replacement for Derant Lakoue poached from Standard Bank
New addition Shaya will run CEEMEA desk in his absence
Ex-HSBC banker hired to head DCM and ECM
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China has unveiled major revisions to its law governing commercial banks, with the changes set to help strengthen corporate governance and the risk disposal mechanism of domestic lenders.
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Société Générale has appointed Yasmine Djeddai as head of sustainable finance for Asia Pacific, a newly created position set up to leverage opportunities around environmental, social and governance-related financing in the region.
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In this round-up, China's economic rebound strengthens in the third quarter, the country’s legislature passes a new law on export control to protect sensitive technology, and the law governing commercial banks faces major revisions.
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In this round-up, China’s September inflation data disappoints, import volume beats expectations by a large margin, and Ant Group might be added to the trade blacklist by the US ahead of its jumbo IPO.
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Fitch Rating’s China arm, Fitch (China) Bohua Credit Ratings, assigned its first domestic rating five months after securing a licence in the world’s second largest bond market. But international agencies still face plenty of hurdles to growing their businesses onshore, writes Addison Gong.
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China’s State Administration for Market Regulation (Samr) has imposed a Rmb2m ($298,000) fine on each of Luckin Coffee’s two main operating entities in China and three other companies, the highest possible penalty under the country’s competition law.