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Weak or half-hearted response to Greenland threats will leave markets crumbling
Promotion after strong gains in corporates and MTNs
Recruit will join Mizuho bond desk at the end of the month
Sustainable finance chief leaves Nomura for opportunity in fast-growing region enthusiastic to cut emissions
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  • SRI
    Hectic negotiations and lobbying are going on at the European Commission about the Taxonomy of Sustainable Economic Activities, in the last day before it is due to publish the detailed rules. Key countries including Germany have changed their positions, GlobalCapital can reveal, while supporters of gas and nuclear power are digging in. Battlelines are now being drawn over the timing.
  • The global head of bond syndicate at Standard Chartered has been placed at risk of redundancy. The bank will divide his responsibilities between two other positions, one of which was vacated just last week.
  • SRI
    A new acronym is joining the sustainable finance lexicon — the SRD. The EU’s Sustainability Reporting Directive will become the cornerstone of corporate reporting on sustainability, which is the foundation of responsible investing. A draft of it has been leaked, showing that it will impose much stricter rules on companies about reporting their environmental and social impacts, but also contains loopholes.
  • Citi's head of EMEA banking, capital markets and advisory, Phil Drury, is relocating to San Francisco to take charge of a new franchise covering technology and communications.
  • DirectBooks, a platform for primary bond issuance initiated by a group of banks, has added the ability to handle euro and sterling deal announcements as well as a new senior member of staff to run its European business.
  • Vi Davda has been promoted to a new role of head of UK debt capital markets at ABN Amro, as the Dutch bank looks to expand its business across UK financial institutions and corporate clients.