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Libya has paid in capital to become a shareholder in the European Bank for Reconstruction and Development, in a move that extends the development lender’s reach across the region. -
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.
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The European Stability Mechanism has reorganised its senior management team with a series of internal appointments and reshuffles.
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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.
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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.
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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.
