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  • The European Stability Mechanism has reorganised its senior management team with a series of internal appointments and reshuffles.
  • SRI
    NatWest Markets, the investment bank owned by Royal Bank of Scotland, has launched its own environmental, social and governance deposit product, responding to a desire among companies, public bodies and investment firms to invest their cash ethically.
  • 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.
  • 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.
  • Former Lloyds Banking Group trader Christophe Coutte will join RBC Capital Markets as head of macro trading Europe.
  • SSA
    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.