Courting the AIIB: dealers eye development bank “goodies”

Beijing-based supranational expected to be heavy swaps user

beijing
Beating a path to Beijing: banks are eager to join the action

Jin Liqun is a popular man. The former Chinese vice-minister of finance is secretary general of the Asian Infrastructure Investment Bank (AIIB) – set to become the world's first major new multilateral development bank in almost a quarter of a century – and for dealers, that makes him the gatekeeper at what could be a major new client.

Risk is aware of three banks that have already beaten a path to Beijing to court Jin and the small team of senior officials tasked with getting the AIIB up and run

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