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Public pension schemes have sold shares in coal, oil and gas companies but are still funding expansion of the gas industry through infrastructure funds
Five months in, Alessandro Melzi is getting started on the plan, but his boss is about to change
Paul Gibbs among those departing the firm after long service
Crédit Agricole reorganises loans business amid busy hires and promotions in industry
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  • SRI
    The European Commission's Technical Expert Group will be publishing its much-awaited Taxonomy and Green Bond Standard on Monday. GlobalCapital has received leaked copies from a source in Brussels. The GBS endorses a use of proceeds approach and limits the inclusion of operating expenditure. The Taxonomy contains reassurance for companies whose activities are not yet covered by it and sets out human rights standards.
  • Sustainable finance specialists are waiting eagerly to see the precise details of the European Union's Taxonomy of Sustainable Economic Activities, the next draft of which will be revealed on Monday.
  • UniCredit has appointed a new global head of debt syndicate, as the present one is leaving the bank.
  • Banks are going to play an outsized role in softening the economic impact of Covid-19 in the euro area.
  • Andrew Milligan, head of global strategy at Aberdeen Standard Investments for the past 19 years, will be stepping down and leaving the firm at the end of March.
  • Liquidity in Europe's secondary corporate bond market has dwindled over the last three years, according to a new report from the International Capital Market Association (ICMA). Investors see little by way of positive contributors.