The US Treasury is facing a lawsuit demanding that it reveal whether it used its influence to ensure the Asian Development Bank would continue to allow financing of some uses of fossil fuels. The ADB adopted a revised Energy Policy and a list of Prohibite... See more
The African Development Bank’s first synthetic securitization in 2018 and first hybrid capital issue in 2024 were showered with capital markets industry awards for innovation. Rightly so — each opened the door for multilateral development banks to use a n... See more
President Trump appointed Jay Powell as Federal Reserve chair — then hounded him continually to ease monetary policy and ended up launching a criminal investigation against him. What could possibly go wrong for Kevin Warsh? The central question for market... See more
Citigroup’s hire of Viswas Raghavan from JP Morgan to be its head of banking in February 2024 was seen across the industry as a coup. Raghavan is arguably the most successful investment banker of his generation, who had helped propel JP Morgan to the top ... See more
Mediobanca’s capture by Banca Monte dei Paschi di Siena in a hostile takeover last year might have marked a symbolic end to Italy’s age of corporate skulduggery. In fact, it merely meant Mediobanca had ceded its leading role. Waves of astonishment pulsed ... See more
