Credit Suisse actively seeking ESG deals

Talent gap: A woman is seen passing by a Credit Suisse branch office in Switzerland. The crisis engulfing it has led to a number of its ESG bankers leaving the firm. — Reuters

LONDON: A senior investment banker at Credit Suisse AG says his team is actively seeking new deals in a rapidly growing corner of environmental, social and governance (ESG) financing, even as the future of the unit after the takeover by UBS Group AG is in question.

The Swiss bank stands out as a pioneer in a corner of ESG investment known as debt-for-nature swaps, a market that it has so far dominated.