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 ...