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Public sector banker departs after 12 years at the firm
Crédit Agricole reorganises loans business amid busy hires and promotions in industry
Funding veteran bows out after four decades at the Canadian agency
Former MDB sustainable finance expert joins as HSBC rebuilds sustainability leadership
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US citizens concerned about climate change may be hoping Joe Biden wins the presidency in November, but the issue is even more important for those in developing countries who face more immediate risks, and are relying on international finance to tackle these perils. -
This week in Keeping Tabs: does sustainable finance need to rethink environmental threats, did monetary policy after the last crisis increase well-being, and do we need to worry about sovereign debt levels in developed countries?
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The Euro Short Term Rate may be running into the first real problem of its short life. The benchmark was designed to provide a reflection of wholesale euro overnight borrowing costs based on real transaction data. But what if there aren’t enough transactions?
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A sudden dip in the volume of €STR transactions and the number of banks submitting data has led to market participants voicing concerns about the rate.
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NatWest Markets has restructured its divisions and given them new leadership. It is also moving some UK corporate-focused bankers over to the ring-fenced bank.
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A technical issue around data submission meant that the euro area short term rate (€STR) did not have enough data to be calculated in the usual way on Tuesday morning, forcing the ECB to use its contingency method.
