International Financing Review February 29 2020 15

People

&Markets

16

Citigroup puts

Stefan Wintels

back on the front line

of advisory work with

banks as co-head of

global FIG

22

Barbados’

sovereign

debt restructuring in

December included a

critical syndicated loan

from Credit Suisse

19

Former debt

capital markets

banker and 20-year

JP Morgan veteran

Filippo Gori is named

head of Asia-Pacific

„ FRONT STORY STRATEGY

JP Morgan takes on climate change

It’s ESG, not returns, that dominates at investor day

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Philip Scipio

Source: JP Morgan investor day

0

2

4

6

8

10

12

14

16

18

20

JPM BofA MS W Fargo Citi GS

%

JPM OUT IN FRONT: RETURN ON TANGIBLE

EQUITY FOR BIG US BANKS IN 2019

“JP Morgan, as the largest

financier of the fossil fuel sector,

has a particular responsibility

to bring wholesale change and

leadership to this space”

5 IFR PM 2322 p 15 - 24 .indd 15 28 / 02 / 2020 20 : 00 : 15