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Allowing machines to process loan information on a single standard would increase resilience, streamline workflows and support AI
Big name moves to senior job at rival firm
Frédéric Despagne will also lead equity and derivatives sales across EMEA
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In this round-up, China’s industrial profits jump for a second consecutive month, the securities regulator tweaks requirements around information disclosure by listed companies, and the Chinese finance minister says the country must continue to keep government debt risk at bay.
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This week in Keeping Tabs: what’s next after the EU recovery deal, assuaging public anger, and the Lebanese economy.
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The European Banking Authority has told supervisors that they should remain ‘pragmatic and flexible’ when carrying out the supervisory review and evaluation process (SREP) for banks this year, confirming that Pillar 2 requirements could remain stable across the industry despite the risks posed by Covid-19.
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Two former bond bankers at Citi have set up a workflow and analytics platform to help improve the efficiency of debt capital markets desks at investment banks.
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In this round-up, China International Capital Corp plans to boost the size of its Shanghai IPO, the Hong Kong Monetary Authority plays down the impact of the national security law, and the People’s Bank of China revamps green criteria.
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In this round-up, the already fraught relationship between the US and China faces fresh tests, as both countries continue announcing retaliatory measures against each other.
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