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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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The European Union’s formation of its Platform on Sustainable Finance last week marks a new phase in responsible investing. Over the past four years or so, the most influential thinkers in the market, such as the Principles for Responsible Investing, have been quietly moving back to an older interpretation of what RI means: considering the effects of investment choices on others.
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The week in review: China plans TLAC rules for G-Sibs, September PMIs jump, Nafmii eases Panda salesIn this round-up, China announces draft regulations for its global systemically important banks, both manufacturing and services activity expand in September, and the regulator for corporate Panda bonds releases details for easier issuance. -
The long-awaited Science-Based Targets standard for financial institutions has arrived. It is one of the most ambitious attempts so far to wrest the financial sector from its path towards climate destruction.
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Hong Kong’s stock exchange has named an interim replacement for chief executive Charles Li, who is stepping down at the end of the year after more than a decade leading the bourse.
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Crédit Agricole has sold a 4% share stake in Banque Saudi Fransi (BSF) to two unnamed investors for around €330m, ending an association which dates back to 1977.
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China will consolidate its two major inbound investments schemes, in a bid to drive more foreign capital inflows to the onshore financial markets.
