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Daiwa Capital Markets has hired Chris Hill, former EMEA head of MTNs and structured notes at Barclays, to cover for Jez Walsh, SSA syndicate head, who has taken a leave of absence. -
Asif Sherani and Souhail Mahjour are taking on additional responsibilities in HSBC’s debt capital markets syndicate team.
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The weakness of communication along the capital markets chain is one reason why so little progress has been made on greening the economy.
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The European Investment Bank is going through intense discussions — both internally and externally — about its plan to become the EU’s Climate Bank. NGOs are accusing it of “backtracking” and demanding it sets sustainability criteria for the companies and banks it works with, but the EIB insists it is listening to concerns and will reveal more of its plans later this year.
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Minutes of the European Central Bank’s meeting at the beginning of June, released this week, cooled investor worries about the tensions between it and the German Constitutional Court (BVG).
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Sovereign wealth funds are not using their huge resources to tackle climate change, and are therefore impeding the world's efforts to meet the goals of the Paris agreement, the Organisation for Economic Cooperation and Development has warned.
