DUBAI / Reuters Saudi Arabia’s central bank has instructed banks to change the way they calculate their loan-to-deposit ratios, giving greater weight to long-term deposits in order to permit more lending, according to a report on the Maaal financial news website. The new rules, set to come into effect in early April, will introduce a weighting system for calculating a …

Bloomberg China’s incoming central bank governor, Yi Gang, signalled that he’ll push to maintain the course of financial liberalisation set by his predecessor Zhou Xiaochuan. The National People’s Congress, China’s legislature, voted to approve President Xi Jinping’s choice for governor of the People’s Bank of China. Liu He, Xi’s top economic adviser, was named as a vice premier, indicating that …

Bloomberg Citigroup Inc. wants to achieve parity between male and female managing directors at its markets business in Asia within three to five years, joining banks worldwide in stepping up efforts to close a longstanding gender gap. The New York-based bank has a long way to go. Though women make up about half the 60,000 Citigroup workforce across all divisions …