C.S. Venkatakrishnan, chief executive of Barclays, has taken over from Noel Quinn as chair of the Financial Services Taskforce

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Barclays chief executive Venkat takes over from Noel Quinn as Financial Services Taskforce chair

Investment Banking Editor

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Barclays chief executive C S Venkatakrishnan is set to take over as chair of a UK group that brings together banks to tackle climate change, succeeding former HSBC boss Noel Quinn. 

Venkatakrishnan, known as Venkat, has been named chair of the Sustainable Markets Initiative’s Financial Services Taskforce, a group where banking chief executives focus on financing the move towards net-zero carbon emissions. 

The HSBC boss had chaired the sustainable finance initiative since it kicked off in 2020

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Abrdn names tech chief for investments unit in latest appointment under Jason Windsor

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Alain Courbebaisse will take on role in the new year

Simpson Thacher hires Sidley Austin finance duo in London

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Leveraged finance lawyers are in high demand in London

Trading Places: EY names UK financial services head, BofA promotes 387 MDs

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Find out who is on the move in the City and beyond this week

The Fed’s signal that it will cut rates less than expected complicates efforts by other central banks to manage their economies.

Bank of England Keeps Rates Steady After Fed Move

Palliser Capital doubled down on its call for a review of Rio Tinto’s dual listing in London and Sydney, adding that it now has the backing of more than 100 shareholders.

Activist Investor Widens Call for Review of Rio Tinto’s Dual-Listing

Activist Investor Palliser Capital Widens Call for Review of Rio Tinto’s Dual-Listing Status

In a 12-hour social-media barrage, the world’s richest man led a rebellion against a bill aimed at keeping the government funded.

Musk Draws First Blood With Spending Bill Bombshell 

Aides kept meetings short and controlled access, top advisers acted as go-betweens and public interactions became more scripted. The administration denied Biden has declined.

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Indexes were lower in Europe’s morning trade, as markets digested hawkish comments from the Fed’s Powell which left investors blindsided, Richard Hunter, Head of Markets at Interactive Investor, said.

European Indexes Fall on Slower U.S. Rate Cut Projections

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