Deutsche Bank has moved down a bucket in the Financial Stability Board’s latest assessment of global systemically important banks (G-SIBs), with the German firm expecting further ‘efficiencies’ to stem from its broad-ranging restructuring plan.
People & Markets
Axa’s proposal this week that the European Union should create a €500bn joint borrowing vehicle for climate change could easily be dismissed as pie in the sky.21 Nov 2019
Green finance specialists gave a cautious welcome this week to an idea put forward by Axa that the European Union should set up a new organ, modelled on the European Stability Mechanism, to borrow about €500bn for investments to fight climate change.21 Nov 2019
When the European Commission looks at tweaking MiFID II, those worried about market access for small and mid-sized companies would welcome a loosening of rules on research for those firms, at a time of challenges in investment banking and renewed focus on capital markets union.21 Nov 2019