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New Commission boss pledges €1tr of sustainable finance
After her narrowly passed confirmation vote in the European Parliament on Tuesday evening, new European Commission head Ursula von der Leyen is set to establish a sustainable investment plan and to green the European Investment Bank.
17 Jul 2019 -
ESM shakes up senior management
The European Stability Mechanism has reorganised its senior management team with a series of internal appointments and reshuffles.
17 Jul 2019 -
NatWest Markets launches ESG deposit product
NatWest Markets, the investment bank owned by Royal Bank of Scotland, is launching its own environmental, social and governance deposit product, responding to a desire among companies, public bodies and investment firms to invest their cash ethically.
16 Jul 2019 -
Von der Leyen bids to green the EIB
Ursula von der Leyen has proposed setting up an EU sustainable investment plan and refocusing the European Investment Bank more around climate, in a list of written commitments sent to the bloc’s main political groups one day before she will be confirmed or rejected by the European Parliament as the next president of the European Commission.
15 Jul 2019 -
SEC warns of ‘exacerbated’ risks from delaying transition from Libor
The Securities and Exchange Commission (SEC) has published a report highlighting the urgency for market participants to speed up the discontinuation and transition away from Libor to alternative reference rates.
15 Jul 2019 -
RBC hires Coutte for new trading role
Former Lloyds Banking Group trader Christophe Coutte will join RBC Capital Markets as head of macro trading Europe.
15 Jul 2019 -
ICMA and ECSDA outline concerns with EDDI
The International Capital Market Association and the European Central Securities Depositories Association have raised concerns with the European Distribution of Debt Instruments project, in response to the European Central Bank’s market consultation.
10 Jul 2019 -
Autocrats are challenging central bank independence, perhaps rightly
Central bank independence is under threat. When politicians attempt to take control of monetary policy for their own ends, markets tend to panic, but it may be time to acknowledge that monetary policy is inherently political.
09 Jul 2019 -
LBBW SSA banker moves over to FIG
A banker at LBBW has left its SSA origination and syndicate team to join its FIG debt syndicate, GlobalCapital understands.
08 Jul 2019 -
UK Green Strategy has everything but a finance plan
The UK government launched its Green Finance Strategy this week, including a broad range of measures to stimulate awareness of climate change and other environmental problems in financial markets, and ease the flow of capital to green projects. But observers criticised the government for not setting out a plan on how to finance the transition to a zero emissions economy.
04 Jul 2019
