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Two senior officials who have been central to the European Investment Bank’s transition to greener lending and rebranding as the EU’s ‘climate bank’ are leaving, prompting a reshuffle of the management committee.
Moody’s Investors Service downgraded the government of India to Baa3 from Baa2 on Monday, triggering bonds from the country to widen in the secondary market.
Philip Hertlein resigned from his job as head of SSA syndicate and origination at LBBW on Tuesday. In his absence, the team has been bolstered by Oliver Franke, who joins the bank from Crédit Agricole.
Johnson’s government has failed 'to understand the scale of the change and to prepare for it'