Firm agrees to pay $US4 million to resolve charges that it didn't follow ESG policies
Declines in underwriting, M&A drive 32% drop in fees, Refinitiv reports
Scenario analysis exercise will boost regulators' expertise and banks' risk management
Debt underwriting down too, led by a plunge in high-yield offerings
Pilot program in 2023 will test effects of climate risks on banks' businesses
Loan growth, margin expansion and trading powered U.S. banks' results
U.S. federal jury finds ex-banker guilty on corruption, money laundering charges
Underwriting fees drop, but completed M&A revenues rise
Deal activity slowed sharply from 2021's record pace, Refinitiv reports
Issuance declines in most categories, except investment grade corporates