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Crédit Agricole reorganises loans business amid busy hires and promotions in industry
The future of the great investment banking Gulf expansion
Some capital market staff laugh off risks, others worry about their families
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In this round-up, Xi Jinping reveals plans for the country to become carbon neutral by 2060, FTSE Russell decides to include Chinese government bonds in its flagship index, and the State Administration of Foreign Exchange resumes granting new outbound investment quotas.
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FTSE Russell plans to add Chinese government bonds to its flagship FTSE World Government Bond Index (WGBI) next year, a move that is expected to provide investors further access to the world’s second largest bond market.
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Goldman gives new positions to Marsh, Verri and Sorrell — Bain picks ESG boss — Falth turns up at Mizuho
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Sovereign wealth funds from Abu Dhabi and Qatar have started to take ownership positions in new direct lending platforms in Europe and the US. But as Western economies plough into a deep recession, while rival investors still sit on barrels of dry powder, the wealth funds' decision to push into middle market credit now is surprising.
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ANZ has appointed Rufus Pinto as its country head for the Philippines, effective Thursday.
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Chinese rating agencies are facing increasing pressure, after the country’s securities association said it had found evidence of firms inflating ratings to win business. Addison Gong reports.