Page 19 - Development Banking News Today

Press release content from Business Wire. The AP news staff was not involved in its creation. Block.one Joins IDB-Backed Alliance to Deploy Blockchain Solutions for Pressing Public Sector Needs in Latin America February 25, 2021 GMT WASHINGTON--(BUSINESS WIRE)--Feb 25, 2021-- LACChain, a global alliance led by the innovation laboratory of the Inter-American Development Bank Group (IDB Lab) to accelerate the development of an open and interoperable blockchain ecosystem in Latin America and the C...

High ESG ratings—for bonds as well as stocks—mean risk reduction, says Bob Smith, president and chief investment officer of Sage Advisory, who began his career rating bonds at Moody’s. “Like on the equity side, you’re buying quality, stability, safety, the ability to withstand adversity,” says Smith. Indeed, higher-rated ESG bonds performed better during this year’s crisis, similar to how they performed during the 2012 European sovereign debt crisis and the 2016 energy crisis, ac...