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  • ICE Benchmark Administration Limited (IBA), the administrator for Libor, will consult on its intention to cease the publication of the majority of dollar Libor rates after the end of June 2023 — 18 months later than originally planned.
  • Euro area finance ministers said on Monday evening that they would introduce a backstop for the Single Resolution Fund up to two years earlier than planned, following "substantial" risk reduction in the banking system.
  • Singapore banking veteran Eric Lian has returned to UOB in a senior position after a stint at OCBC.
  • 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.
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