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The European Parliament will push for stronger rules on sustainability for investment firms and banks, after its Economic and Monetary Affairs Committee voted on Monday evening to go beyond what the European Commission is recommending. -
BNP Paribas has seen two senior changes in its Asia business recently, according to multiple sources close to the situation.
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Steven Nichols, who handled Southern Company’s groundbreaking entry into the green bond market in 2015 as capital markets manager, has joined BNP Paribas’s sustainable finance team in New York.
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A funding official at KfW has switched to the corporate sector.
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Bonds from Chinese real estate developers were some of the worst performing in Asia last week, dragged down by the global volatility and fears around property companies’ refinancing needs.
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A veteran debt banker at BNP Paribas is set to leave the firm at the end of October, according to multiple sources close to the situation.
