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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 coronavirus-hit economy grows 2.3% year-on-year in 2020, the securities regulator plans to introduce more bans on those who break rules in the onshore capital markets, and the vice central bank governor says Ant Group will give a timetable for the shakeup of its businesses. -
Credit Suisse has promoted Ted Michaels, its head of North America renewables in New York, to a new global position overseeing investment banking in renewables and sustainable energy technology.
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This week in Keeping Tabs: a key weekend for Germany's future, and Biden's stimulus plan.
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Richard Boath, a former Barclays chair of EMEA financial institutions investment banking, has joined Agora, the capital markets start-up founded by fellow Barclays alumnus Charlie Berman.
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The European Court of Auditors published an assessment of the EU’s crisis management framework this week. It urged policymakers to align national insolvency procedures with bloc-wide resolution rules, as a way of making sure that banks are treated consistently when they fall into financial difficulty.
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In this round-up, the US adds Chinese technology giant Xiaomi Corp and oil major Cnooc to its blacklists, and Beijing announces measures to monitor consumer finance companies and insurance asset managers.
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