Wall Street Is Quietly Funding Itself in Renminbi — and Goldman Is Leading the Way
Wall Street Is Quietly Funding Itself in Renminbi — and Goldman Is Leading the Way
europeanbusinessmagazine.com
Goldman Leads Record US Bank Borrowing in Renminbi
US banks led by Goldman Sachs have borrowed a record Rmb47.5bn in dim sum bonds this year as wall street goes for renminbi
cross-posted from : https://lemmy.zip/post/63263305
US banks led by Goldman Sachs have borrowed a record Rmb47.5 billion in offshore renminbi debt so far in 2026, with Goldman accounting for the majority of self-led issuance, the Financial Times reported this morning.
Deutsche Bank placed the largest single panda bond ever issued by a foreign bank in March 2026 at Rmb5.5 billion