Bloomberg Australia’s biggest banks are expanding their sustainable finance teams even as they struggle to find talent in the fast-changing sector. Commonwealth Bank of Australia has doubled the size of its sustainable division, while Australia & New Zealand Banking Group Ltd. (ANZ) has boosted its group to 14 people, with more hires on the way. The nation’s top lenders are ...

Bloomberg Wells Fargo & Co is joining major Wall Street banks in rewarding junior bankers for fielding a surge in business amid the coronavirus pandemic. The San Francisco-based bank will pay special bonuses of $10,000 to analysts and $20,000 to associates, incrementally over six months, according to person with knowledge of the plan. “The past year has placed great pressure ...

Bloomberg Credit Suisse Group AG’s prime-brokerage co-heads are leaving the bank in the wake of its $4.7 billion loss from the implosion of Archegos Capital Management, according to a company memo. John Dabbs and Ryan Nelson will step down immediately while assisting Credit Suisse through mid-May on an orderly transition, the bank said in the memo. Roger Anerella was appointed ...