Bloomberg Barclays Plc is moving some top bankers to its new sustainability teams as it seeks to gain a larger foothold in providing financing and advice for activities that help mitigate climate change. Justin Peagram, previously a managing director in the natural-resources group, will now focus on sustainable energy and other emerging-growth areas as part of the sustainable and impact-banking ...

Bloomberg New Zealand’s central bank expanded its quantitative easing program and said it’s open to cutting interest rates into negative territory as a new coronavirus outbreak threatens the economic recovery. The Reserve Bank increased its Large Scale Asset Purchase program to as much as NZ$100 billion from NZ$60 billion, and extended it until June 2022, according to a statement on ...

Bloomberg ABN Amro Bank NV will cut its investment bank by about a third and shut down lending outside of Europe as the Dutch bank tries to turn around business hit hard by the market chaos caused by the coronavirus crisis. ABN Amro will stop providing corporate finance outside Europe and exit trade and commodity financing altogether, the Dutch bank ...