Isold Heemstra named as country manager for ING France

The FINANCIAL — Isold joined ING in 2002 and has vast international experience in management, sales and change projects. He is currently the country manager of Czech Republic, where he successfully transformed the organisation in preparation for the launch of new retail…

1 min read

Deutsche Bank expands Asia Pacific ESG team

The FINANCIAL — Deutsche Bank has appointed Kalpana Seethepalli to its Asia Pacific ESG team. This hire follows the appointment of Kamran Khan as Head of ESG for Asia Pacific in May of this year. In a newly created role, Kalpana will…

3 mins read

Credit Suisse digital bank offering available from today

The FINANCIAL — The Credit Suisse digital bank offering announced in mid-September ‒ CSX and CSX Young ‒ is available to individuals in Switzerland from today: The CSX app can now be downloaded from the App Store and Google Play Store. It…

4 mins read

Morgan Stanley issued $1 bln social bond to support affordable housing

The FINANCIAL — Morgan Stanley (NYSE: MS) announced the issuance of a $1 billion social bond to support affordable housing projects, the latest step in the Firm’s ongoing strategy to advance market-based solutions to address sustainability challenges. This issuance follows the inaugural green…

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Credit Suisse and AXA launch integrated bancassurance services

The FINANCAIL — Credit Suisse is launching integrated bancassurance solutions for clients in collaboration with AXA. These solutions will be incorporated into CSX to complement this comprehensive digital offering from a single app. The CSX digital banking offering to be launched next week…

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Societe Generale to become bank of tomorrow

The FINANCIAL — Societe Generale digital transformation acceleration, initiated several years ago, is based on two key levers, technology and innovation, to better serve clients. New technologies are innovation accelerators to better support clients whose needs and usages constantly evolve. As a traditional…

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Ricardo Mourinho Félix assigned as Vice-President of the EIB

The FINANCIAL — Ricardo Mourinho Félix is the new Vice-President and Member of the Management Committee of the European Investment Bank (EIB). He takes up his duties on 16 October, succeeding Emma Navarro, whose mandate ended yesterday. The EIB’s Board of Governors…

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Citigroup released Q3 financial results

The FINANCIAL — Citigroup Inc. reported net income for the third quarter 2020 of $3.2 billion, or $1.40 per diluted share, on revenues of $17.3 billion. This compared to net income of $4.9 billion, or $2.07 per diluted share, on revenues of…

11 mins read

HSBC plans to become net zero bank

The FINANCIAL — HSBC announced an ambitious plan to prioritise financing and investment that supports the transition to a net zero global economy, citing a landmark opportunity to build a thriving, resilient future for society and businesses. The bank is committing to…

6 mins read