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Two more follow Darwish and Safa leaving last month
The US bank is reshuffling several roles in the Middle East
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In this round-up, Beijing decides to leave ‘clean coal’ out of the latest list of eligible projects for green bonds, stock exchanges in Shanghai and Shenzhen plan to tighten approval for bond issuance, and the first batch of public infrastructure real estate investment trusts (Reits) are being reviewed at the two bourses. -
Market participants will embark in the coming weeks on the difficult task of working out how to use the European Union’s sustainable finance Taxonomy, after the first criteria were published this week. In doing so, they will be conscious that the smooth tide of green finance is now breaking against the hard reality of power politics and resistance by fossil fuel industries — a clash that is rocking the Taxonomy’s credibility, writes Jon Hay.
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The long-running debate in the European Union about how to optimise its development finance effort and strengthen its role in sub-Saharan Africa is tending towards the most basic of the possible options: closer collaboration between the European Investment Bank and the European Bank for Reconstruction and Development.
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Citi has named Alex Schrantz as head of banking, capital markets and advisory (BCMA) for Hong Kong.
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Goldman Sachs has picked a new co-head for its investment banking division in China, according to an internal memo.
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Natixis has made a handful of hires to its global markets team in Asia Pacific, to support its corporate and investment banking business in the region.
