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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
New posts meant to strengthen cross-business ties
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  • The drive to get companies to face up to the risk of climate change is gathering momentum. Firms with a combined market capitalisation of about $3.5tr have committed to support the recommendations of the Task Force on Climate-Related Financial Disclosures (TCFD), which published its final report on Thursday.
  • The Loan Market Association has appointed four new board directors following its annual general meeting on Wednesday.
  • Sanctions on Russia could be tightened following a bill that passed the US Senate nearly unanimously in mid-June, but even though some commentators are sceptical that they will be implemented, VTB head of global banking Riccardo Orcel said that it won't stop the Russian state-controlled bank’s expansion into new markets.
  • Bank of Tokyo-Mitsubishi UFJ (BTMU) has hired Duncan Connellan as managing director of its Australian event finance team, part of the firm’s Asian investment banking division.
  • Standard Chartered has hired Clare Francis to be regional head of global banking, Europe. The former Lloyds banker will run its corporate and financial institution business in the region.
  • HSBC has hired Rob Ritchie as co-head of global banking, UK.