EUROPEAN Union (EU) negotiators reached a deal to establish a green bond standard, giving investors long-awaited clarity that their money is aligned with the region’s climate ambitions.
HSBC Holdings said on Wednesday (Mar 1) it raised US$2 billion from a convertible security issue, beating its own target on strong demand for the perpetual additional Tier 1 bond.
FINTECH company Revolut made its first full-year profit in 2021 and registered a 33 per cent revenue jump last year, its finance chief told Reuters.
ABRDN suffered more outflows in the second half of 2022 as torrid market conditions took a toll on the asset manager, shrinking its assets to a record low.
COMPANIES around the world paid their shareholders US$1.56 trillion in dividends last year, according to a study published on Wednesday.
FIRST, Goldman Sachs Group chief executive officer David Solomon said it. Then president John Waldron repeated it. Next, it was the bank’s Stephanie Cohen who reiterated that the bank is considering strategic alternatives for its consumer lending business.
THE European Investment Bank (EIB) urged EU member states to support an expansion of its green financing as the continent considers how to respond to US President Joe Biden’s green subsidy program.
GERMAN prosecutors raided the homes of 16 HSBC Holdings employees as part of their vast probe into the Cum-Ex tax dividend scandal.
INDIAN banks are not prepared to adopt environmental, social and governance (ESG) norms as part of their lending models due to reasons including a lack of clarity on how they apply to lenders, a survey conducted by an industry body on behalf of the central bank showed, said two...
INDIAN banks are not prepared to adopt environmental, social and governance (ESG) norms as part of their lending models for reasons such as a lack of clarity on how such rules apply to lenders, said two sources citing a recent survey.













