
Intesa Sanpaolo Sets Ambitious Plan for SRT Linked to $1.5 Billion ESG Loans
In a significant move highlighting its commitment to sustainability, Intesa Sanpaolo has announced plans to create a structured solution for risk transfer (SRT) associated with an impressive $1.5 billion portfolio of ESG (Environmental, Social, and Governance) corporate loans. This initiative is part of the bank's broader strategy to promote responsible financing, particularly in sectors pressing towards greater ecological and social responsibility.
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Westpac NZ's CEO Advocates for Fintech Accreditation to Accelerate Open Banking
In a bold move to catalyze the progress of open banking in New Zealand, David McLean, the CEO of Westpac New Zealand, has called for the implementation of a fintech accreditation framework. This proposal aims to streamline the integration of new financial technologies with traditional banking systems, thereby enhancing consumer choice and financial service innovation.
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