Interview with Standard Chartered CEO Bill Winters: How Do You Finance the Fight Against Climate...

Standard Chartered’s Bill Winters joins David Merritt and Francine Lacqua to talk climate finance, the UK’s Autumn Budget, and European M&A from the United Nations General Assembly.

This week on In the City, hosts Francine Lacqua and David Merritt interview Standard Chartered Chief Executive Officer Bill Winters from the United Nations General Assembly in New York City. In time with Climate Week, they discuss climate finance — a business Winters says will make his bank a billion dollars in the next year.

“The only way that we're going to be successful in the fight against climate change is to offer people an acceptable return,” Winters says.

Also on this episode, discussions about the “litmus test” of the Unicredit and Commerzbank deal in Germany, and how China and the UK face similar challenges in their need to restore consumer confidence. Though he praised the latter’s “pragmatic” new government, with what is “probably going to feel like an austerity budget” looming, they still have to do the “heavy lifting” to get investment back into Britain, he says.

Is London having another moment? Shaken by Brexit, decimated by the pandemic, threatened by new ways of working and a worsening cost-of-living crisis, the city remains Europe’s (and arguably the world’s) beating heart for finance and for culture. In the wake of turmoil, The City of London is reinventing itself. Every week on In The City, Bloomberg’s Francine Lacqua and David Merritt go behind the scenes in the Square Mile and the wider metropolis, uncovering the stories and speaking to the people that matter.

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