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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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The resignation of Jean Pierre Mustier as group CEO on Monday night has laid bare deep fissures between the senior management of UniCredit, which has been focused on serving the interests of shareholders, and members of its board, which want to reposition the bank as a servant of the Italian economy.
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ICE Benchmark Administration Limited (IBA), the administrator for Libor, will consult on its intention to cease the publication of the majority of dollar Libor rates after the end of June 2023 — 18 months later than originally planned.
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Jean Pierre Mustier will retire as CEO of UniCredit in April, the bank announced this evening, as the board no longer agrees with his strategy. The change could mean UniCredit pivots towards Italian priorities and political influence.
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The Riksbank, Sweden’s central bank, is adding a “negative screening” process to its purchases of corporate bonds under its quantitative easing programme, meaning it will no longer buy the bonds of the most polluting companies.
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Felix Fletcher has joined Investec’s power and infrastructure finance team as a senior coverage banker, originating for lending and advisory business across the group.
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Ed Mulderrig has been appointed head of European debt syndicate at UBS, the latest in a series of changes to the responsibilities of the firm's senior debt capital markets bankers.