Credit Suisse has joined a growing list of banks in taking a majority shareholding in its Chinese securities joint venture, potentially paving the way for the Swiss bank to make a big push in secondary trading.
The World Bank has published a primer for low income developing countries on how to tap the international bond markets.
The Australian ABS market is about to broaden following parliamentary approval of the A$2bn (US$1.42bn) taxpayer-funded Australian Business Securitisation Fund.
(Reuters) Italy’s top bank UniCredit and two subsidiaries have agreed to pay US$1.3bn to US authorities to settle probes of violations of US sanctions on Iran and other countries, US authorities said on Monday.
Credit Suisse is taking a majority stake in its Chinese securities joint venture to become the latest international bank to take advantage of a relaxation in ownership rules in the world’s second biggest economy.