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Case against power company dismissed but NGOs believe precedent for action has been established
Keen bid for banking talent from other institutions
Pair quit in Dubai after string of DCM departures
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Three of the most active banks in financing oil exports from the Ecuadorian Amazon — an environmentally destructive industry with a long track record of trampling on indigenous people’s rights — have agreed to cease important parts of their financial support, after pressure from NGOs and a devastating oil spill in 2020. -
Taiwanese banks are increasingly asking their loans teams to avoid participating in deals led by global investment banks, in line with guidance given by the finance ministry last year and over fears of being burnt again by possible defaults.
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A cross-party group of UK members of Parliament has written to Andrew Bailey, governor of the Bank of England, calling on the Bank to start greening its quantitative easing and Covid support programmes.
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Hong-Kong-headquartered bank SC Lowy has hired Jonathan Graber for its trading team in London.
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Santander reckons it can harness the power of hydrogen to boost its standing in corporate and investment banking, building on its ESG credentials in similar way to how rivals built supremacy during the internet boom, writes David Rothnie.
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RBC Capital Markets has reorganised its European equity capital markets and corporate broking business following the decision of Darrell Uden to step down at the end of this month.
