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A selection of the clever, funny and weird to keep your mind sharp over the new year break
European and high yield chiefs to take the reins
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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. -
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.
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The G20’s Financial Stability Board is cranking up its action on climate change again now that Donald Trump is no longer US president. This will feed the hopes of some sustainable finance supporters who want the FSB to drive progress on issues including environmental accounting.
