Finance

KeyBank announced placement of $50 million in deposits with six Community Development Financial Institutions and Minority Depository Institutions (MDIs), including four Black-owned banks or managed banks and two banks serving Alaskan Native and Native American communities.

In this episode of Bloomberg Regulation Rundown, our new YouTube series on evolving financial regulations, Cinzia Chiriac, Bloomberg’s Head of ESG Regulatory Affairs, and Nadia Humphreys, Bloomberg’s Head of Regulatory and Climate Solutions, explain how green taxonomies work.

Benevity appoints Ricardo Moreno as Chief Revenue officer to lead the integration and alignment of all growth-related functions and teams at the company. Ricardo brings more than 25 years of experience in business, with worldwide leadership roles.

The 2023 United Nations Climate Change Conference (COP28) galvanized the energy around the global green finance agenda, setting the stage for a busy 2024 of green-related rulemaking and policy guidance for the financial services sector.

Northern Trust offers a suite of post-trade analytics services providing investors with insight and oversight of key ESG and climate-risk exposure detail.

Webster Bank announced the launch of its first Special Purpose Credit Program (SPCP) aimed at expanding homeownership opportunities for low-to-moderate income (LMI) first-time homebuyers, and those who are seeking to refinance, in historically underserved areas.

As equity investors hunt for opportunities, why should they consider climate-focused investing?

There are a lot of opportunities we're going to be exploring in the responsible investing space in 2024, from carbon markets, which are developing rapidly, to blended finance, which is expanding, to the changing nature of the labor markets.

Bloomberg announced the launch of new green-tilted fixed income indices, which seek to increase weighting to green bonds in some of Bloomberg’s flagship indices such as the Global Aggregate, Treasury and Corporate Indices.

As 2023 came to a close, Sands China has embarked on the next phase of its commitment to investing in Macao’s development as a top global travel destination and supporting Sands’ focus on ongoing property reinvestments.