Latest FIG People & Markets news

• SRI needs to look at financial firms’ liabilities

  

  When looking at banks and insurance companies, the sustainable finance movement has so far focused mainly on their assets rather than their liabilities. But insuring or offering deposits for a particular activity is just as important as lending to or investing in it.

  • 10 Dec 2018

• Don’t complain about the disco when the music stops

  

  Judging extension risk is a key part of investing in bank capital. If investors call it wrong, it is hard to say they have been grossly mistreated.

  • 06 Dec 2018

• The banking package: what was agreed?

  

  On Tuesday the European Parliament and Council announced the basis for a final agreement on the banking package. This involves crucial details on banks’ capital and funding rules, such as on retail holdings of bail-in debt, distributions on regulatory bonds and stakes in insurance companies.

  • 06 Dec 2018

• Mizuho cuts in DCM and syndicate

  

  Mizuho International, the London securities and investment banking arm of the Japanese banking group, has cut jobs in its capital markets business over the past week, and among those leaving is a senior DCM banker.

  • 06 Dec 2018

• FIG investors can find Brexit bargains amid UK rout

  

  Widening spreads for UK financial firms have opened up attractive opportunities for investors comfortable with the underlying resilience of the sector. Despite the risks that Brexit and competition from new sources pose, there were no failures in the Bank of England's stress test last week.

  • 05 Dec 2018

• EU banks must disclose on ESG, may get green/brown risk capital weights

  

  The European Union has taken a step towards using the bank capital risk weighting system to favour green assets and discourage ‘brown’ unsustainable lending — one of the most controversial issues on the sustainable finance policy agenda.

  • 04 Dec 2018

• EU’s Banking Union inches forwards

  

  The EU moved a step forward on its tortuous path towards completing its Banking Union on Monday night. Finance ministers agreed on some details relating to a backstop for the fund for resolving banks, but have not yet shown any sign of agreeing on a common deposit insurance scheme.

  • 04 Dec 2018

• HSBC FIG and corps DCM banker lands at Fitch

  

  A FIG and corporate DCM banker who worked at HSBC until August has started a new job at Fitch Ratings managing the firm’s client relationships.

  • 04 Dec 2018

• Dhami returns to market as Rabo syndicate boss

  Harman Dhami has joined Rabobank as head of DCM syndicate, succeeding Paul Vanner, who, after a sabbatical, will return to Rabo to further develop the bank's MTN platform.

  • 03 Dec 2018

• Now on sale: Carige’s 13% tier two

  

  The Italian Interbank Deposit Protection Fund (FITD) has underwritten €320m of Banca Carige’s tier two capital notes. Private investors are now invited to subscribe to the issue, which allows the Italian lender to meet its capital targets.

  • 03 Dec 2018

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