By Jasper Cox
22 Jan 2021
Credit Suisse has made seven appointments within its sustainability strategy, advisory and finance (SSAF) unit:. Five are external hires while two come from its own investment bank.
SSAF is tasked with coming up with
Credit Suisse s sustainability strategy and entrenching it throughout the bank, developing sustainable products and services for clients, and representing the firm.A successor to the bank s impact, advisory and finance department, SSAF is part of the sustainability, research and investment
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By Jasper Cox
19 Jan 2021
Many EU companies could do with capital beyond debt, according to the Association for Financial Markets in Europe (Afme). The trade body, in a report it produced alongside PwC, suggests encouraging the use of equity-adjacent products to fill balance sheet gaps from the coronavirus crisis. With many EU companies struggling in the crisis, fragilities are likely to manifest in the first half of 2021, said the report. A substantial number of companies may only have cash buffers for two to six months at normal rates of expenditure and may need to rely on
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Top US bankers are optimistic about their investment banking businesses for the start of 2021, after a stellar 2020 during which their clients rushed to financing markets to help them get through the Covid-19 crisis, and government and central banks provided essential support.
Goldman Sachs saved its best until last in equity underwriting, making more than $1.1bn in the fourth quarter even while the pace slowed at rivals. Wall Street executives were also bullish about further investment banking activity.
Many EU companies could do with capital beyond bog standard debt, according to the Association for Financial Markets in Europe (Afme). The trade body, in a report it produced alongside PwC, suggests encouraging the use of equity-adjacent products to fill balance sheet gaps from the coronavirus crisis.