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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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DBS has hired Abhishek Jain from Goldman Sachs to join its mergers and acquisition team. -
A senior JP Morgan banker and head of its China securities joint venture has decided to leave his banking career for a job with a Hong Kong-listed Chinese drugmaker.
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In this round-up, China’s banking and insurance regulator explains why banks’ profits slumped nearly 10% in the first half, TikTok’s parent ByteDance says it is suing the US government, and chairman of JP Morgan’s onshore joint venture has left to join a pharmaceutical company.
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In this round-up, China’s fiscal revenues tumble 8.7% for the first seven months of 2020, the country’s top court slashes the legal limit on private lending rate, and an investor rights law firm files a class action claim against iQiyi’s owner Baidu.
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In this round-up, China and the US are back on track to review progress of the phase one trade deal, American universities have been told to cut their China investments in their endowments, and Huawei Technologies is hit with another ban.
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The agreement on collective action clauses (CACs) reached by Argentina, Ecuador and their creditors is highly complex. But it is hugely encouraging that major investors are actively participating on an issue that is crucial to the health of the market.
