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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 People’s Bank of China and its Hong Kong and Macau counterparts jointly announced plans to establish a wealth management connect scheme this week. While short on details, the move marks another step towards opening up China's capital markets. -
In this round-up, China proposes harsher punishments for financial crimes under the criminal law, the securities regulator is reportedly mulling over giving securities licences to commercial lenders, and monthly industrial profits grow for the first time this year.
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Citi has created a cross-border and public sector solutions (XPS) team, which will be headed by Valentina Antill globally, with Abhishek Kapur taking charge of Asia Pacific.
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Asif Sherani and Souhail Mahjour are taking on additional responsibilities in HSBC’s debt capital markets syndicate team.
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In this round-up, the Ministry of Finance plans to double the size of its already issued special treasury bonds, the government removes some restrictions for foreign investment in the 2020 negative lists, and the former richest man in China and founder of Gome is released from jail after 10 years.
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In this round-up, China and the United Arab Emirates launch the phase three clinical trial for a coronavirus vaccine, the origin of nearly all the new infections in Beijing has been confirmed, and an adviser to the Donald Trump administration stirs the market with comments on the Sino-US trade deal.
