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NatWest cuts global head of bond syndicate


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Pan-European stock exchange shares what was behind its recent decision to launch a defence bond label, how it may help both issuers and investors, and what lies ahead
Marc Just promoted to succeed Patrick Seifert
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New contracts cannot yet be traded in US
UK’s Financial Conduct Authority overlooked ‘technical fault’ and ‘conflict of interest’, lawsuit alleges — FCA will seek to overturn injunction
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  • Concerns over Sri Lanka's ability to manage its debt continue to mount, with S&P Global Ratings downgrading the country further.
  • The EU Summit on Thursday swiftly produced agreement on the bloc’s multi-annual financial framework, including the €750bn coronavirus recovery fund. Though the news is good, particularly for the European periphery, the move in spreads has been muted.
  • SRI
    The launch this week of the Climate Transition Finance Handbook has propelled the sustainable debt market towards a new era, in which the emphasis moves from a labelled security to the issuer itself, writes Jon Hay.
  • At the end of a strong year, Deutsche Bank told investors that its investment bank had not simply benefitted from a rising tide lifting all boats, but that it would be able to carry on generating much of the extra revenue it created in 2020. It also boasted of working on a number of European sovereign debt deals.
  • New MENA heads at Citi and Goldman Sachs — Julia Hoggett moves from FCA to LSE — LBBW hires Sim for Asia team
  • SRI
    The sustainable finance market clamoured for a Taxonomy to tell it what was green. Now it’s here, many are finding the answers constraining or simplistic. Alarmingly, the Taxonomy is also perpetuating the very thing it was supposed to root out — greenwashing.