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  • SRI
    Centre right members of the European Parliament have balked at approving a proposal to change the EU’s Taxonomy of Sustainable Economic Activities so it highlights unsustainable activities. Jon Hay reports.
  • A Lebanese former investment banker and advocate of public-private partnerships (PPPs) has been nominated to challenge Donald Trump’s candidate for the role of president of the World Bank Group.
  • An investor protection deal between the EU and Singapore, approved by the European Parliament last week, would make sovereign debt restructurings harder for governments to manage, according to industry observers.
  • The People’s Bank of China (PBoC) made good on its promise to swap perpetual bonds for government bills on Wednesday, kicking off a Rmb1.5bn ($222m) swap that forced the central bank to start issuing bills again after a long hiatus.
  • Morgan Stanley has named Magnus Andersson as the co-head of ECM for Asia Pacific. His predecessor, Mille Cheng, has become vice chairman of Asia Pacific global capital markets.
  • The UK banking sector has more links to China than the equivalent sectors in the US, Japan, the euro area and South Korea do combined. Analysts are warning that China's growth is slowing, and HSBC’s poor results have been linked to this. But those espousing that view are overstating the connection.