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Dollar bond investors have shrugged off Fitch’s downgrade to the foreign currency rating of Hong Kong SAR, with local issuers also gearing up for new deals. -
Christine Lagarde has given a strong hint she will persist with the European Central Bank’s highly accommodative monetary policy if she takes over as its president in November. Lagarde also suggested the ECB would move to make its portfolio more green.
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Moelis hires JPM Dutch chief, JPM finds replacement — Nachmann replaces retiring Chavez at Goldman — PRI founding exec moves from UBS to Credit Suisse
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BMO Capital Markets’ SSA banker Lindsay Wortzman is transferring to Toronto, and to replace her the London team have picked up Samantha Cook from Nomura.
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Christine Lagarde suggested that the European Central Bank, which she is set to lead later this year, could apply green criteria to its asset purchase programme once the EU’s Taxonomy of Sustainable Economic Activities is completed, in comments published on Thursday.
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Europe’s candidate to take over as the next head of the International Monetary Fund received a boost this week after the body’s executive board called for the age limit to be raised and hopes receded of a rival candidate stepping forward.
