DUBAI / WAM The UAE witnessed a 32 percent year-on-year (YoY) growth in its 2022 green and sustainable finance issuing, a new report by leading consulting firm Arthur D. Little showed. Between 2019 and 2022, the UAE recorded increasing environmental, social, and corporate governance (ESG) reporting across major public and private institutions such as Dubai Financial Market, Ministry of Climate ...

BLOOMBERG UniCredit SpA is set to increase its overall bonus pool for 2022 by about 20%, after a year in which the Italian lender beat profit expectations and increased shareholder returns, people familiar with the matter said. The Milan-based bank’s payout covers non-executive employees working at branches and offices and about 900 top managers with risk responsibilities, said the people, ...

BLOOMBERG Pressure from the US bond market may lead to modest yen weakness in the short-term, outweighing any positive impact from speculation of a Bank of Japan (BOJ) policy shift, according to Goldman Sachs Group Inc. If markets continue to price in resilient US growth and more interest-rate hikes than expected, there is scope for further “tactical yen underperformance,” wrote ...