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China bank courts investors over bonds

Bloomberg Bank of Jinzhou Co said it is in talks to introduce strategic investors after a report that China’s financial regulators are seeking to resolve its liquidity problems pushed down the lender’s dollar-denominated debt. Officials including those from the People’s Bank of China (PBOC) and China Banking and Insurance Regulatory Commission recently held a meeting with financial institutions in Bank ...

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Lagarde’s future ECB colleagues are not all convinced on her

Bloomberg When Christine Lagarde chairs her first meeting as European Central Bank (ECB) president in November, she might wonder which of her colleagues don’t really want her there. As the Governing Council signed off on the decision by governments to appoint the former International Monetary Fund chief, not all of the 21 voting members backed her, according to two euro-zone central ...

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HK’s new monetary authority head vows to maintain stability

Bloomberg Hong Kong has appointed a veteran central banker as the next chief executive of its monetary authority, signalling continuity remains the priority as the city faces ongoing political turmoil. While the social unrest over the government’s botched extradition bill won’t be Eddie Yue’s responsibility, and may even have dissipated by the time he takes office in October, maintaining the ...

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