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Third Saudi capital markets banker to leave in recent months
Replacement for Derant Lakoue poached from Standard Bank
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The administrator of Peking University Founder Group’s debt has decided not to recognise the dollar bonds that came with a keepwell deed and deed of equity interest purchase undertaking, a move that can have a ‘major impact’ on the region’s debt market.
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In this round-up, senior trade officials from China and the US hold ‘constructive’ talks, the securities regulator publishes the latest ratings for Mainland brokerages, and the Shenzhen exchange hopes to attract listings from companies with weighted voting rights (WVR).
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Credit Suisse has appointed Allan Chu as its new head of technology, media and telecom (TMT) for Asia Pacific, succeeding Alain Lam, who has moved to Chinese technology company Xiaomi Corp.
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Railing against the inflow of private capital into developing markets is idealistic at best and lethal at worst. Critics should be careful what they wish for.
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JP Morgan’s new Development Finance Institution (DFI) has been racking up its deal count during the coronavirus crisis. Its aim is to bring transparency and more investment to development finance in emerging markets, but some experts are doubtful about the project.
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Credit Suisse has named Carsten Stoehr as the head of its newly-created Asia Pacific strategic products (ASP) team, adding another job to a veteran banker who already runs Greater China.