• China’s emerging super-regulator: a bold, dangerous step

  China made a clear step towards creating a financial super-regulator last week, when it created a new oversight commission within the central bank. The mega-merger of China’s many competing regulators is a good idea – but it is also fraught with risks.

  • 19 Jul 2017

• Don’t let FCA weaken London listing rules

  The Saudi Aramco flotation will be one of the big ethical battles of next year in financial markets. Skirmishes have already begun, with the UK regulator’s bid to ease listing rules to attract Aramco and its like. UK investors should take a stand.

  • 18 Jul 2017

• Green mortgages and special pleading

  It’s hard to attack green finance, because its aims are so noble. But when institutions use environmental aims to argue they deserve special subsidies, it tarnishes the whole market. Prudential regulation should stick to being prudential.

  • 18 Jul 2017

• Bumpy road for the first successful BRRD resolution

  When Popular was sold to Santander on June 7, in the first resolution under the new bank resolution and recovery directive (BRRD), the outcome was regarded as a success — but potential problems have arisen.

  • 18 Jul 2017

• ECB needs to signal end of ABSPP

  The ECB should take a bold step this week to signal the end of the ABSPP, something which many in the market would welcome.

  • 18 Jul 2017

• Good work: Asian SRI making steps forward

  Socially conscious investing in Asia has so far concentrated on green bonds and little else. But SRI financing is not just limited to green bonds. By taking a broader approach, Asian borrowers — including sovereigns — can reap serious benefits.

  • 18 Jul 2017

• CMBS needs another reboot to stop risks piling up

  The US CMBS market is becoming more concentrated, with a smaller number of lenders structuring more deals exposed to the same properties. Lenders will have to make the CMBS experience a better one for borrowers if they want to pump life back into the market.

  • 17 Jul 2017

• RMBi critics are using the wrong metrics

  China’s renminbi internationalisation (RMBi) strategy has seen a clear shift from pushing for the currency’s usage abroad to bringing investors into the onshore market. It is time to take a more nuanced view of renminbi internationalisation.

  • 12 Jul 2017

• Triple-C issues and the end of ECB intervention

  The European Central Bank's loose monetary policy was supposed to ease financing terms for smaller and riskier companies. The high yield bond market's appetite for such issues has been limited — but it is hotting up, just as the ECB signals tightening.

  • 11 Jul 2017

• Mozambique – can someone take responsibility?

  Mozambique’s debt crisis is the latest financial market hot potato to be passed around by its stakeholders with a series of statements that would not look out of place in an election campaign. But with the IMF in the country and Mozambique’s future ability to pay looking ever more likely, it is time to reach an agreement, restructure and move on.

  • 11 Jul 2017

GlobalCapital View archive