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Stuart Kirk’s speech has won plaudits for prompting debate, but drawn criticism for downplaying risks
The Stuart Kirk spat reveals the profound level of uncertainty that makes global warming unlike any other public policy problem
Plus, Michael Dell’s deal of the century continues to pay off and the CEO of Hong Kong’s stock exchange attempts to attract foreign IPOs despite the odds
The banking and asset management sector has much work to do to win the argument internally
Executives criticise Stuart Kirk despite speech’s theme and content having been agreed internally
Stuart Kirk also claimed central banks designed climate stress tests to obtain alarming results
Bank hires Goldman Sachs and Robey Warshaw to help construct case against splitting
Plus, the private equity firm waging a legal battle against Sanjeev Gupta and Disney’s new PR head prepares for her biggest challenge yet
Bank is caught between Washington and Beijing
Global bank joins others seeking high-end office space outside Midtown district
Largest shareholder adds to pressure on UK bank struggling to balance Chinese and western interests
Draft conclusions find two of bank’s adverts misled customers by selectively promoting its green initiatives
Hong Kong’s Covid surge dents first-quarter earnings for Europe’s largest lender
I need one to help pay for his day-to-day personal expenses
Interest on €415mn loan had been held up over regulatory concerns from HSBC
Russian-backed owners of UK healthcare group paid interest on €415mn loan last week but creditors still waiting
Plus, the rise of sustainable products in Islamic finance and impact investments look set to soar
Softening of language triggers internal debate and strong complaints from some staff
High street banks dwindle amid falling footfall as pandemic accelerates digital shift
Plus, HSBC draws criticism for net-zero targets
Restrictions are driving well-off expatriates and locals out of Hong Kong
Outlook blemishes otherwise buoyant fourth-quarter earnings as profit doubles and targets boosted
Lender relocates some workers to cheaper countries as it continues cost-cutting push
Plus, unpacking the sustainable bond hype and Brad Pitt’s affordable housing project hits trouble
Plus, a new entrant into the green venture capital world
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