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A selection of the clever, funny and weird to keep your mind sharp over the new year break
European and high yield chiefs to take the reins
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It is with much sadness that we have to report the death of John Lee-Tin.
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The International Finance Corp has named Sabrina Borlini as acting vice-president and treasurer while the supranational development agency completes its selection process to replace Jingdong Hua.
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Deutsche Bank said it has been granted exemption from a financial penalty by the European Commission after the bank was accused — along with three others — for breaching antitrust rules in the trading of SSA bonds.
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The European Commission said on Thursday that it had informed four banks that have, in its view, breached European Union antitrust rules in trading SSA bonds in the secondary market that it is investigating them.
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Russian financial markets were greeted with mixed news on Wednesday after the US Treasury announced sanctions relief for EN+ and Rusal on the same day as imposing more sanctions on Russian individuals.
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In this round-up, Chinese president Xi Jinping’s speech at the celebration of China’s reform and opening up offered no concrete promises, the People’s Bank of China reopened the seven-day reverse repo after 36 days of suspension, and China dropped its holding of US government bonds for the fifth consecutive month.