Goldman Leads Record US Bank Borrowing in Renminbi
europeanbusinessmagazine.com
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

  • john_t@piefed.eeEnglish
    5·
    11 days ago

    Have you not seen Lethal Weapon 4? I’ve known what Renminbi means since before China joined the WTO thanks to that movie.

    • idiomaddict@lemmy.world
      4·
      11 days ago

      Is that a big cultural touchstone? I haven’t even seen the first one and I have a shame crush on Mel Gibson (he’s a terrible person, I’m not endorsing him)