2022-12-29-瑞士信贷集团-Global_Breakfast_Banker_6页_538kb

Summary

Financial News Events

• BNP Paribas ESG Defense: BNP Paribas defends its classification of $20 billion in ESG funds, maintaining the EU's top ESG tag, following criticism from peers like BlackRock and Amundi who downgraded similar funds to a less stringent category due to stricter EU guidance on sustainability investments.
• UK Banks and Mortgage Holders: UK banks, including HSBC, Barclays, and Lloyds, are easing pressure on mortgage holders by agreeing to forbearance measures to manage a surge in late payments, aimed at avoiding repossessions amid soaring inflation and energy costs, similar to actions taken during the 2008 financial crisis.
• Goldman Sachs Layoffs: Goldman Sachs anticipates job cuts in January to reverse recent workforce expansion and scale back ambitions in consumer finance, as communicated by CEO David Solomon in a message to staff, affecting about 49,000 employees.
• Japan Central Bank Leadership: Former Bank of Japan Deputy Governor Hirohide Yamaguchi is emerging as a strong candidate for the next central bank head following Prime Minister Fumio Kishida's shift away from "Abenomics" policies, signaling a move against prior stimulus programs.