Foreign banks are currently limited to underwriting business involving offshore non-financial issuers. ‘Class A’ licences will allow them to underwrite bonds in the interbank market.
Foreign banks are currently limited to underwriting business involving offshore non-financial issuers. ‘Class A’ licences will allow them to underwrite bonds in the interbank market.
BNP Paribas, bonds, Citi, Deutsche Bank, G-SIB, HSBC, interbank market, JP Morgan, NAFMII, Standard Chartered, Underwriting