Nordic Investment Bank issues a EUR40m ($55m), 5yr AAA ‘environmental’ bond

competitiveness and the environment” of the Nordic and Baltic countries. The bank’s S&P credit rating is AAA. According to NIB’s web site, proceeds of the bond go to projects meeting NIB’s environmental sustainability criteria, “such as” those that: reduce emissions (mainly CO2, SOx, NOx, dust, energy efficiency, renewable energy, public transport solutions and recycling; …

US$68.9bn Flowed Illegally into or out of Emerging EU Economies in 2011, Fueling Crime, Corruption, Tax Evasion

  US$68.9 Billion Flowed Illegally into or out of Emerging EU Economies in 2011, Fueling Crime, Corruption, Tax Evasion GFI Urges EU Parliament Legislators to Follow UK’s Lead, Ban Anonymous Shell Companies Anonymous Shell Companies are a Major Conduit of Illegal Funds; Public Registries of Beneficial Ownership are the “Gold …

Kaliningrad Nuclear Plant: : HypoVereinsbank follows BNP Paribas and pulls out. When will Coface and Société Générale follow suit?

  Member of Kaliningrad Nuclear Plant: HypoVereinsbank follows BNP Paribas and pulls out. When will Coface and Société Générale follow suit? Paris, April 26th, 2013 Press Release Following in the footsteps of BNP Paribas, the German HypoVereinsbank recently announced that it will not finance the Kaliningrad nuclear power plant in …