Comment

Leaders

  • Argentina’s awkward anecdote

    Only in Argentina could a finance minister claim that default on billions of dollars of bonds constitutes merely an “anecdotal date”.

  • A 'courageous' IPO

    In the classic UK sitcom Yes, Minister, cunning civil servant Sir Humphrey Appleby would try to deter government minister Jim Hacker from making a particular decision by calling it "courageous" — meaning it was risky. He might have given similar advice to bankers on the IPO of coffee company JDE Peet’s this week.

  • AT1s: a mollycoddled market

    Banks should be brave enough to take decisions that upset their additional tier one (AT1) investors.

  • The pandemic payback

    The coronavirus pandemic will test the complex relationship between bank loans and the fabled ancillary business supposed to make it all worthwhile. Some banks have provided heaps of extra cash for European clients to keep them alive and it has changed the shape of the loan market, with some banks ramping up market share. But will companies return the love when the time comes?