Shanny Basar

1 day ago | marketsmedia.com | Shanny Basar

The Association for Financial Markets in Europe (AFME) has published its ESG Finance Reportfor the first quarter of 2025. The report highlights the first issuance of bonds compliant with the EU Green Bond Standard (EU GBS) during this period. ESG bond and loan issuance accumulated €169bn in proceeds in Q1 2025, a 27% decline from Q1 2024 and the lowest Q1 issuance since 2022. Sustainability linked and Green Loans led the decline, with issuance volumes nearly halved compared to Q1 2024.

1 day ago | marketsmedia.com | Shanny Basar

BNP Paribas is now deploying an internal LLM as a Service platform, designed to provide the Group’s entities with unified and secure access to large-scale language models (Large Language Model – LLM). This shared infrastructure, operated by the Group’s IT teams, is set to accelerate the development of generative artificial intelligence (AI) use cases to better serve employees and clients.

1 day ago | marketsmedia.com | Shanny Basar

The World Federation of Exchanges (WFE), the global industry association for exchanges and clearing houses, has published a response to the European Commission’s (EC) consultation on the Savings and Investment Union (SIU). The WFE commends the simplification and burden reduction objectives, but urges the EC to shift its focus from structural supervision reforms towards more impactful, growth-oriented initiatives.

1 day ago | tradersmagazine.com | Shanny Basar

(FLASH FRIDAY is a weekly content series looking at the past, present and future of capital markets trading and technology. FLASH FRIDAY is sponsored by Instinet, a Nomura company.)Rich Handler, chief executive of Jefferies Financial Group, handed out some advice to the 361 global analyst and associate summer interns who are joining the investment bank this month, with hopes of making a career on Wall Street.

2 days ago | marketsmedia.com | Shanny Basar

The complexity of European T+1 means project teams will likely need to be larger than for North American T+1. The T+1 implementation budget for a small buy-side firm is likely to start at $223,000. In contrast, the budget for a large global custodian is likely to top $36 million. Firms will need to further automate their processes to be able to handle volume increases, particularly as recent market volatility has resulted in record volumes.