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Big name moves to senior job at rival firm
Frédéric Despagne will also lead equity and derivatives sales across EMEA
Zafar Khan and Andrew Tusa join as UK country head and vice-chair of UK advisory and financing solutions, respectively
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Citi, Deutsche Bank and Credit Suisse all launched pledges related to environmentally friendly financing this week, as banks face continued pressure to make their balance sheet greener. The details of the announcements also displayed how the idea of “transitioning” high-carbon companies to become more sustainable has become popular in banking.
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The US Department of Labour is nearing the end of a comment period for a proposed rule that would hinder some investors’ ability to allocate money to environmental, social and governance (ESG) assets. Investors and advocacy groups have shown their alarm by pouring in requests for an extension to Thursday's deadline, writes Max Adams.
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The Single Supervisory Mechanism has been making all the right moves during the coronavirus crisis.
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Palmer gets interim ECM head gig at BofA — Clarke to join JP Morgan for FIG — Paz-Galindo promoted at UBS
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The transposition of the covered bond directive into national legislative frameworks is expected to have been completed by all member states within the next six months. But the clock is ticking, and a decision on whether to postpone implementation will be discussed in September.
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James Palmer has been named interim head of equity capital markets for Europe, the Middle East and Africa at Bank of America. He replaces Sam Losada, who is leaving the bank to join Morgan Stanley.
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