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Better read on secondaries would help syndicates price bonds
Banker left US house and joined boutique in 2023
Transition plans and disclosure rules will be central to UK’s bid for sustainable finance leadership
International Finance Corp does not release assessments of whether lower-carbon alternative projects would be viable
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TCX is working with the European Commission to encourage more local currency lending. The experimental project will reduce the costs of cross-currency basis swaps for development lending.
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Hicham Rachdi, a director in SSA derivatives solutions at Natixis has left the bank after an almost 10 year spell to join the World Bank’s funding team in Washington DC.
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The US, Japan, Malaysia and South Korea have joined the Coalition of Finance Ministers for Climate Action, the collaborative group striving to reshape economic policy-making for the battle against global warming.
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Sebastien Rosset, the former SSA trading head at Barclays, is set to join the European Investment Bank’s benchmark funding team.
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Climate change will become much more prevalent in the International Monetary Fund’s work this year, including its assessments of countries’ financial stability, after sustained complaints that it has not paid enough attention to global warming. Ways to link debt relief to climate action will take longer to implement.
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Ben Powell is set to return to his old stomping ground at SEB after 18 months as treasurer for the International Fund for Agricultural Development.