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Funding veteran bows out after four decades at the Canadian agency
Former MDB sustainable finance expert joins as HSBC rebuilds sustainability leadership
New methodology follows headroom created by S&P revision last year
EU’s new real time price feed could be nice to have, but market participants are not sure it’s essential
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David Malpass, the US's candidate for the presidency of the World Bank, appeared last night on track to take over the leadership of the world’s largest multilateral lender. -
BofA names new pair to lead UK IB — UniCredit MTN banker joins SSA syndicate — Bank of America loses two traders in London — Allen & Overy names new structured finance partner
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The World Bank has unveiled the first details of how it will spend the first slice of its planned $200bn of investments to help poor countries cope with climate change, with $22.5bn aimed at helping African nations.
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Two London-based traders from Bank of America’s macro trading business have resigned, GlobalCapital understands.
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Both the nature and timing of the European Union’s planned Taxonomy of Sustainable Economic Activities are in doubt. Conservative members of the European Parliament this week voted down an ambitious draft of the bill, and some nation states appear reluctant to push the Taxonomy bill through to the statute book before the European elections in May, writes Jon Hay.
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Conservative and liberal members of the European Parliament have voted down an ambitious draft of the bill to set up the EU’s Taxonomy of Sustainable Economic Activities, in favour of a weaker text with fewer safeguards for the environment and society.
