BLOOMBERG China’s central bank stepped up efforts to support the nation’s economic recovery and debt sales by delivering the largest cash injection since 2020 with one-year policy loans. The People’s Bank of China added a net 289 billion yuan ($39.6 billion) into the financial system via the so-called medium-term lending facility, the largest monthly injection since December 2020. At the ...

BLOOMBERG Citigroup Inc has hired Credit Suisse investment banker Scott Bardo as it seeks to beef up its ranks of health-care dealmakers. Bardo is set to join Citigroup as a managing director and head of medical technology, life sciences tools and diagnostics for Europe, the Middle East and Africa, according to an internal memo seen by Bloomberg News. He will ...

BLOOMBERG Mitsubishi UFJ (MUFJ) Financial Group  Inc has mandated banks to sell dollar-denominated Additional Tier 1 bonds, in what looks set to be the first such offering in the US currency by any Japanese lender. The nation’s banks have long issued AT1 notes in yen because of lower borrowing costs. But they may consider selling such debt in dollars to ...