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Lucy Baldwin is joining Citi in April as head of research and equity advisory within the markets and securities services division (MSS). -
The New York Stock Exchange has dropped plans to delist the stocks of China Mobile, China Telecom Corp and China Unicom (Hong Kong).
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The stock exchanges in Shanghai and Shenzhen have heeded increasing calls from the market for a revision to their delisting rules by introducing tougher measures and a faster process to remove companies from their bourse.
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Berenberg has strengthened its investment banking division with two senior hires, the latest in a series of appointments it has made.
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Shard Capital, the London-based brokerage, is expanding into equity capital markets by hiring an entire team from Mirabaud Securities.
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Growth stocks are overvalued relative to value stocks, according to Ben Inker, head of asset allocation at GMO. But in fixed income markets he is less convinced of a bubble, with central banks compressing yields.
