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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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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. -
Russian brokerage BCS Global Markets has hired a senior executive from Citi to run its equities business.
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Hampus Falth has started in a new syndicate job at Mizuho, after departing UBS late last year.
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The State Administration for Market Regulation (Samr) has concluded a five month investigation into Luckin Coffee over unfair competition, fining the company and nearly four dozen others that were also involved a total of Rmb61m ($9m).
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The release of thousands of leaked documents over the weekend that implicated major banks in money laundering and sanctions violations has sent a shudder through capital markets. Lenders say they will likely increase due diligence to make sure they are not exposed to further revelations.
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In this round-up, Ant Group receives blessing for the Mainland portion of its jumbo dual listing, the September benchmark lending rate remains unchanged, and a large securities house is in the making as Guolian Securities plans to acquire a bigger rival.
