Despite the turmoil, some European banks are boosting bonuses, with Deutsche Bank eyeing a 10 per cent increase for its investment bankers and Barclays planning a raise of up to 20 per cent after an ...
Bank financing for fossil fuels fell 18 per cent to $870bn in 2023, according to BloombergNEF, which pushed up banks’ energy supply banking ratio — how much clean energy they finance versus fossil ...
Founded in 2016, Kroo positions itself as a socially conscious bank, through which De Gottardo hopes to “change the banking industry for the best”. He joined the new lender as chief risk officer in ...
Indeed, the fact that many leading global banks have decided to leave the Net-Zero Banking Alliance, a privately led group committed to “aligning their lending, investment, and capital markets ...
As one of his last official acts, in December US President Joe Biden approved the transfer of $20bn to a new World Bank-administered fund for Ukraine. This transfer is part of a larger $50bn loan ...