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VanZandt moves from Morgan Stanley, Schultz promoted
Treasury expert will start internal transition before taking charge after summer
High profile hires from Société Générale and Standard Chartered
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Several European banks’ noses were put out of joint this week by research from Jefferies, which suggested a very different ranking of banks’ ESG characteristics from that investors usually get from rating providers. The study argued commercial ESG ratings on banks are not fit for purpose. -
Hicham Rachdi, a director in SSA derivatives solutions at Natixis has left the bank after an almost 10 year spell to join the World Bank’s funding team in Washington DC.
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Lloyds Bank has appointed a senior banker to lead a new 16 strong team structuring environmental, social and governance products and services for companies in the UK, and plans to hire further staff externally.
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Abraham Douek has left Citi after 11 years spent working on the bank's FIG debt capital markets desk.
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The US, Japan, Malaysia and South Korea have joined the Coalition of Finance Ministers for Climate Action, the collaborative group striving to reshape economic policy-making for the battle against global warming.
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Finastra and Hubx, two UK fintechs, have partnered to create a new syndicated loan tool that the companies claim completely digitises the bookrunning process, as the loan market makes its slow trudge away from manual processes.
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