Top Section/Ad
Top Section/Ad
Most recent
The ratings review finished with both upgrades and downgrades linked to senior bonds now being subordinated to regular deposits
Public pension schemes have sold shares in coal, oil and gas companies but are still funding expansion of the gas industry through infrastructure funds
Key points of contention include the investor sanctions regime and the definition of 'resilience'
European and other regulators are working on reforms to make covered bond funding more efficient
More articles/Ad
More articles/Ad
More articles
-
Chinese authorities will need to work on onshore and offshore RMB infrastructure and products to push on with their internationalisation agenda for the currency, as well as engage international institutions, thinktank Atlantic Council recommended in a June 22 report called "Renminbi Ascending". -
The UK regulatory authorities have banned state-owned banks from paying bonuses to senior management, as well as increasing bonus deferral periods and toughening clauses on clawback.
-
Reinsurance company Swiss Re has received the first RMB qualified foreign institutional investor licence in Switzerland. Meanwhile, Singapore-based UOB Asset Management has told GlobalRMB that it will launch three new RQFII products before the end of 2015.
-
The European Council published its compromise text on bank structural reform last Friday, laying out an escape route for banks or jurisdictions not wanting to split off trading activities. However, the proposal would add another layer of capital for the largest banks.
-
Bank of China’s (BoC) proprietary cross-border RMB index (CRI) for April 2015 saw an increase in RMB usage, with capital account account RMB outflows rising steadily on the back of recent liberalisations.
-
In this round-up, Singapore deposits fell in the first quarter this year, Taiwan RMB deposits rose to a new record, Bank of China joined the new gold benchmark, and the first overseas inverse ETF shorting A-shares entered the market.
