|
The South China Morning Post, this morning said it had seen an internal memo issued by the bank confirming Ren’s appointment.
Ren, who the SCMP said is clearly well-connected to the Chinese authorities given her family background, used to work at BAML before taking a post at BNP Paribas in 2009.
Prior to working at BAML, Ren was at Citigroup where she was suspended by the bank over an inquiry into the 2003 IPO of China Life Insurance, in which she played a key role.
Xavier Meyer comes in
Group will launch £4.5m in cost-saving measures over the coming months
The reluctance of platforms to allow for fractional trading means the inclusion of ETFs and investment trusts within MPS is being constrained
Record annual IHT take last tax year of £7.5bn likely to be beaten
Securing an income is no-longer purely a mathematical calculation, writes Oxford Risk’s Greg B Davies
Fund has split its fixed income exposure into four, rather than using a single broad index
