Top Section/Ad
Top Section/Ad
Most recent
Long decision process leads to elevation of loan market veteran
Treasury secretary’s speech called for big changes which other countries may not support
Private credit firms and banks have reasons to tango — but Lazard is not a lending bank
Treasury secretary Bessent says US wants to stay in but reform international financial institutions
More articles/Ad
More articles/Ad
More articles
-
Law firm Linklaters has added two new partners to its Hong Kong office to strengthen its business in private equity and leveraged finance investments. -
Etrading Software has launched a system to ramp up the efficiency of loan trading, enabling dealers to strip out the motley collection of spreadsheets, emails, instant messages still used in the market and centralise crucial information ahead of executing loan trades.
-
HSBC has agreed to tighten its policies on climate transition and coal funding, in response to a shareholder motion calling on it to phase out fossil fuel financing. The move underlines the power investors have to accelerate change on environmental and social issues using shareholder votes, and could raise the bar for other banks.
-
Tesco, the UK supermarket chain, has reacted quickly by setting new targets to sell healthier food, less than a month after a group of shareholders filed a resolution calling for this — a sign of how sensitive companies are to having environmental, social and governance motions voted on at their annual general meetings.
-
The UK’s monetary policy will officially be designed to fight climate change from now on, after chancellor of the exchequer Rishi Sunak changed the Bank of England’s mandate this week, delighting sustainable finance campaigners.
-
Lawyers for struggling supply chain finance firm Greensill argued in court that over 50,000 jobs could be at risk from its collapse, precipitated by the withdrawal of credit insurance. But experts in the sector with knowledge of Greensill’s exposures argue that even Sanjeev Gupta’s Liberty Alliance empire could come out ahead.
