Standard Chartered has launched a new ESG-Linked Cash Account for corporate banking clients that rewards them for meeting targets tied to environmental, social and governance (ESG) priorities. “Through continued engagement, we know that many sustainability-focused clients are seeking to balance environmental and social impact alongside financial returns. As such, they are looking for ways to … Read more
To avoid bias in customer-facing banking applications, the Hong Kong Monetary Authority (HKMA) issued new generative artificial intelligence (GenAI) guidelines as more banks adopt such technologies. In a mid-August notice, the territory’s de facto central bank said financial institution boards and senior management should “remain accountable for all the GenAI-driven decisions and processes.” Banks seeking … Read more
Home Executive Interviews Brazil Central Bank President Campos Neto Sees Trade Friction As Big Risk To Global Economy Global Finance magazine interviewed Brazil Central Bank President Roberto Campos Neto, who has been at the helm since February 2019. In recognition of his leadership in managing Brazil’s monetary policy, Campos Neto earned an “A” grade in … Read more