Bloomberg Deutsche Bank AG has just completed its first green repurchase agreement, marking another foray into a world of increasingly complex ESG instruments. It’s the latest example of product proliferation in a market that’s moving much faster than regulators. JPMorgan Chase & Co. has already said it plans to attach environmental, social and governance labels to all forms of finance, …

Bloomberg Punjab National Bank’s (PNB) board has approved plans to raise 60 billion rupees ($816 million) through sale of bonds. The New Delhi-based lender, which has been hit by a slew of scandals of the past years, can raise funds by issuing one or more tranches of Additional Tier 1 or Tier 2 notes that comply with Basel III capital norms, …

Bloomberg A smaller-than-forecast rate hike doesn’t mean the Russian central bank is turning dovish, with inflation at its fastest pace in half a decade. While quarter-point increase marks a return to more standard rate moves after July’s 100 basis point hike, Governor Elvira Nabiullina said it’s not a given that the next rate raise will end the central bank’s tightening …