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Rating agency explains reasons for cap
Lower rates will need lower inflation — and an FOMC consensus
Market participants gathering in Stavanger will focus on market growth
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Credit Suisse is adding to its fintech coverage with the appointment of Orazio Tarda as global head of the sector in London. Tarda was previously global head of fintech at HSBC.
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Nivaura, the fintech firm seeking to digitise primary markets using blockchain technology, has appointed a new chief executive officer.
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Eurizon, the asset management business owned by Intesa Sanpaolo, has hired Federica Calvetti from Deutsche Bank to lead its ESG and strategic activism team in Milan.
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Bank of America has hired Uday Malhotra back from Goldman Sachs as head of leveraged finance origination in EMEA in London, while Eddie Martin, a managing director in the division, is relocating to the US.
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China’s securities regulator is pushing for closer co-operation with the US Securities and Exchange Commission to support overseas listings.
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In this round-up, China’s official manufacturing Purchasing Managers’ Index (PMI) fails to meet expectation in July, the US puts additional information disclosure requirements in place for Chinese IPO hopefuls, and foreign financial institutions continue expanding in the Mainland.
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