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Some capital market staff laugh off risks, others worry about their families
Founder of climate investing think tank wants to apply ideas as bond investor
Official moves from top three issuer in Middle East to top bank
Jordanian bank wants to move into investment banking
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In this round-up, China’s banking and insurance regulator sets rules on the sale of wealth management products, and Goldman Sachs is finding fresh opportunities in the Mainland through a tie-up with its largest lender.
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The Asia Pacific Loan Market Association, a trade body, has appointed Pedro Cheung as its new chairman.
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ING has appointed a new country manager for Hong Kong and China, succeeding veteran banker Aart Jan den Hartog, who is leaving the Dutch firm at the end of June.
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Aija Zitcere, director in the financial markets policy department of the Latvian Finance Ministry and her colleague, Imants Tiesnieks, a senior expert in the same department, discuss the main features of Latvia’s covered bond law, which was approved by its Parliament on Wednesday.
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A Dutch court has ruled that Royal Dutch Shell is partly responsible for climate change and must reduce its global carbon emissions — including those caused when customers burn its products — by 45% from 2019 levels by 2030. If the ruling is sustained on appeal it would cause a seismic shift in the balance of power on climate change, with huge implications for financial markets.
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BNP Paribas has made two appointments to its global markets team in Asia Pacific.