Steve Slater is associate editor of International Financing Review based in London and is responsible for the People & Markets section. Steve has worked for Thomson Reuters since 2001. He joined IFR at the start of 2016 after a decade covering European banks for Reuters, including the financial crisis bail-outs and nationalisations, takeovers, senior management changes and industry scandals. He has worked as a financial journalist in London and New York, covering commodities, equities and banking and capital markets.
Credit Suisse has appointed Mathew Cestar and Jens Welter co-heads of its investment banking and capital markets (IBCM) business in Europe, the Middle East and Africa as part of a raft of leadership changes.
Bank of America Merrill Lynch has promoted Jim O’Neil, who previously ran the UK government body that managed the taxpayers’ holdings in bailed out banks, to co-head its corporate and investment bank in Europe.
Green bonds price at a lower spread than similar conventional bonds when they are issued, showing investors are willing to pay a premium to hold a green label, a report said last week.