Will bankers embrace sensors under their desks when they return to work?
Reservation systems for seats. Algorithms that say whether a location is crowded or not. Cameras to show what’s happening in real-time. Trackers that let others know you are there.
Bank of England plans to ‘green’ its corporate bond holdings
The Bank of England set out plans on Friday to make its 20 billion pounds ($28.4 billion) of holdings in sterling corporate bonds better aligned with government goals to achieve net zero carbon emissions, starting later this year.
EU watchdog signals long journey for banks to become “green”
A sense of urgency is needed to plug data gaps in how banks in the European Union disclose their green credentials, the bloc’s banking watchdog said on Friday. The European Banking Authority in March set out how banks would have to publish a groundbreaking “green asset ratio” or GAR as a core measure of how […]
EOS Hermes says yet to decide on MUFG climate shareholder resolution
EOS at Federated Hermes has yet to decide if it will back a shareholders’ resolution sponsored by activists seeking to push Mitsubishi UFJ Group (8306.T) (MUFG) to align itself with global climate change goals, the asset manager said.
Deutsche Bank moves forward sustainability goals to ease criticism
Deutsche Bank (DBKGn.DE) on Thursday brought forward to 2023 the goal of facilitating more than 200 billion euros ($244 billion) in sustainable financing and investments, as the top German lender tries to counter criticism over fighting climate change.
Nomura, UBS, UniCredit fined 371 mln euros over bonds trading cartel
Italy’s UniCredit (CRDI.MI) said it would appeal to the European Courts and UBS (UBSG.S) said it was considering doing so after EU antitrust regulators handed out fines totalling 371 million euros ($452 million) in connection with a European government bonds trading cartel.
New global carbon exchange to launch in Singapore by year-end
Singapore bank DBS (DBSM.SI), Standard Chartered (STAN.L), Singapore Exchange (SGXL.SI), and state investor Temasek Holdings said on Thursday they are teaming up to develop a global exchange and marketplace for high-quality carbon credits.
Julius Baer confirms targets as AuM grow 8% through April
Julius Baer (BAER.S) said it was on track to deliver on financial targets as the Swiss wealth manager posted an 8% rise in assets under management for the first four months of 2021 to 470 billion Swiss francs ($523.9 billion).
London’s ‘Golden Age’ as Europe’s financial capital is over, says NatWest chair
The City of London’s ‘Golden Age’ as Europe’s financial capital is over following Brexit, but it will remain a major and profitable centre, NatWest (NWG.L) bank chairman Howard Davies said on Tuesday.
Berkshire sheds nearly all of Wells Fargo, a holding since 1989
Berkshire Hathaway Inc (BRKa.N) has sold nearly all of its holdings in Wells Fargo & Co (WFC.N), as Warren Buffett abandoned a more than 31-year-old investment that had been among his most successful before the bank was felled by scandals for mistreating customers.
