EDF signed two €300 million sustainability-indexed revolving credit facilities (RCF) which
incorporate a pricing adjustment based on EDF's sustainability performance linked to CO2
emissions and energy efficiency.
According to Mohit kumar, Global Head of Rates Strategy,
Crédit Agricole CIB, thus a rate sell-off from current levels becomes
self-defeating. If rates sell-off further, it would trigger a
sell-off in risky assets which would in-turn create a bid
for fixed income.
The announcements of job cuts in investment banking continues. After a year fueled by rumors, Société Générale has officially announced the implementation of a voluntary departure plan for approximately 880 investment bankers ...
The french bank unveils a new corporate and investment banking model centred on serving major clients and the closure of operations in 21 countries