Latest FIG People & Markets news

• Actiam tries to sail within planet’s nine boundaries

  

  Actiam, the Dutch asset manager, has launched what it believes is the first investment strategy built around the nine planetary boundaries — an attempt to describe the ecological limits within which humans can live sustainably on Earth.

  • 15 Oct 2018

• UK regulators ratchet up pressure on banks over climate change

  

  The Bank of England announced on Monday a consultation on a package of measures to tighten its scrutiny of banks’ and other financial firms’ readiness for climate change. The Bank’s approach is gradualist, but it is signalling clearly that firms must take the financial risks from climate change seriously, and that regulation in this area will be ramped up.

  • 15 Oct 2018

• Testing Brexit stress scuppers stress testing

  

  Tucked away at the end of a press release, the Bank of England announced this week that it would delay a stress test for financial institutions. A messy departure from the EU could test the banks in real life instead.

  • 11 Oct 2018

• How to fix a $512bn Libor problem

  

  There are more than $512bn worth of bonds that will need to switch to an alternative reference rate if global regulators execute plans to ditch the Libor benchmark by the end of 2021, Linklaters said on Wednesday. GlobalCapital asked the law firm what needs to happen for a successful switchover.

  • 11 Oct 2018

• Developing countries set to open up to catastrophe bonds

  

  Catastrophe bonds and the emerging markets fit well together, with perils in China and Southeast Asia particularly well placed to be covered. Can the insurance-linked securities market take off?

  • 10 Oct 2018

• MUFG reorg puts three global heads outside Japan

  

  MUFG has put in place a new management structure, which sees a number of its businesses run globally but from outside Japan. The bank has also crowned several regional and deputy regional heads.

  • 09 Oct 2018

• Brexit causes BoE to delay exploratory stress test

  

  The Bank of England is to postpone the launch of its second biennial exploratory scenario, it said on Tuesday, because both the supervisor, and the firms it monitors, will need to focus resources on dealing with the UK’s departure from the EU instead.

  • 09 Oct 2018

• UniCredit bond syndicate veteran retires

  

  A senior fixed income syndicate banker at UniCredit has retired, GlobalCapital understands. Bankers at rival firms hailed him as “a true original and a character”.

  • 08 Oct 2018

• BNPP hires financials analyst chief from MUFG

  

  BNP Paribas has appointed a new head of credit trading desk analysts for European banks, with the hire joining from MUFG Securities.

  • 08 Oct 2018

• HSBC plucks Enns from Goldman to lead FIG

  

  HSBC has hired Peter Enns from Goldman Sachs as its global head of FIG, a major hire after the publication of an anonymous memo criticising the firm's investment banking strategy.

  • 05 Oct 2018

FIG People & Markets news archive