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  • Jean Pierre Mustier will retire as CEO of UniCredit in April, the bank announced this evening, as the board no longer agrees with his strategy. The change could mean UniCredit pivots towards Italian priorities and political influence.
  • The merger of S&P Global and IHS Markit, announced on Monday, will create a larger data provider for financial markets.
  • SRI
    The Riksbank, Sweden’s central bank, is adding a “negative screening” process to its purchases of corporate bonds under its quantitative easing programme, meaning it will no longer buy the bonds of the most polluting companies.
  • Felix Fletcher has joined Investec’s power and infrastructure finance team as a senior coverage banker, originating for lending and advisory business across the group.
  • The Basel Committee on Banking Supervision (BCBS) has declared the end of the Basel III policy agenda, promising that any further reforms in this area will be "limited in nature".
  • Ed Mulderrig has been appointed head of European debt syndicate at UBS, the latest in a series of changes to the responsibilities of the firm's senior debt capital markets bankers.
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