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The European Commission is forging ahead with plans to introduce sovereign bond-backed securities (SBBS), despite market participants’ lack of enthusiasm for the project. -
Commerzbank has added a director to its SSA team, hiring a former employee of Bank of America Merrill Lynch.
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The World Bank has brought in another capital markets official, making it two hires for the supranational over the last few weeks.
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Central America development bank Cabei (BCIE in Spanish) has hired a new head of debt capital markets to lead its bond issuance programme.
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Sixteen banks have made the most concerted effort yet at defining how to do scenario analysis on climate change — the core risk management exercise called for by the Task Force on Climate-Related Financial Disclosures.
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A panel this week involving German and Italian regulators highlighted the complications in creating a European deposit insurance scheme (EDIS) and pushing on with the banking union, with policymakers in the two countries viewing the banking sector from radically different angles.
