(Bloomberg) — European asset supervisors are reviewing their ESG labeling and advertising and marketing statements next news of probes into the investing arm of Deutsche Lender AG, according to folks shut to the procedure. Anxiousness all-around greenwashing — mis-stating how local weather friendly assets are — is palpable throughout the […]
banks
Deutsche Bank’s ESG Probe Triggers Critique at Asset Managers
(Bloomberg) — European asset supervisors are reviewing their ESG labeling and advertising and marketing statements next news of probes into the investing arm of Deutsche Lender AG, according to folks shut to the procedure. Anxiousness all-around greenwashing — mis-stating how local weather friendly assets are — is palpable throughout the […]
Swiss central bank’s reserves go SFr1tn for initial time
Switzerland updates Indicator up to myFT Day by day Digest to be the initial to know about Switzerland information. Switzerland’s central lender built far more than SFr43bn ($47bn) in the previous six months, as soaring US fairness costs pushed its reserves to a lot more than SFr1tn in value for […]
Swiss central bank’s reserves go SFr1tn for initial time
Switzerland updates Indicator up to myFT Day by day Digest to be the initial to know about Switzerland information. Switzerland’s central lender built far more than SFr43bn ($47bn) in the previous six months, as soaring US fairness costs pushed its reserves to a lot more than SFr1tn in value for […]
UPDATE 3-China raises banks’ Forex needs to rein in yuan
* Forex reserve requirement ratios lifted for financial establishments * Yuan pulls back again immediately after hitting 3-year substantial vs greenback * Set for strongest every month get considering that August * Former foreign exchange formal joins chorus cautioning on yuan gains (Recasts with Fx reserve specifications) SHANGHAI, May well […]
San Antonio banks weather the coronavirus pandemic
By the start of the second quarter of 2020, with the pandemic tightening its deadly grip, San Antonio bankers anticipated a grim year ahead. A mayoral order closed nonessential businesses, the hospitality industry ground to a halt, and the area’s unemployment rate shot up to a never-before-seen 13.2 percent in […]