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Sustainable finance chief leaves Nomura for opportunity in fast-growing region enthusiastic to cut emissions
Integrating banking and securities units intended to support growth
Hire in line with firm’s commitment to sustainability
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The chances of a profound transformation of financial markets to equip them to fight climate change rose this week, when the European Parliament adopted a bold set of policies that would require investors, banks and companies to take into account their impacts on the environment and society. Bonuses would be linked to sustainability targets. -
Barclays has hired Citi’s Tasnim Ghiawadwala as head of UK corporate banking.
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BNP Paribas has told between 80 and 90 London-based people in its global markets division that they may need to relocate to the EU in the event of a hard Brexit.
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The European Parliament will push for stronger rules on sustainability for investment firms and banks, after its Economic and Monetary Affairs Committee voted on Monday evening to go beyond what the European Commission is recommending.
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France’s central bank representatives will attend a consultation meeting with the Loan Market Association to discuss recent warnings over the lack of financial covenants in new issue leveraged loans.
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Sujata Bhattacharjee has returned to BNP Paribas’ loans team after a short stint at Indian investment firm 1Crowd.
