GlobalCapital Leader

• JP Morgan development unit raises questions

  Seen with cynical eyes, the launch of JP Morgan’s Development Finance Institution (DFI) is simply an attempt to expand its emerging markets footprint — already the largest in the business — by capitalising on two trends: the wave of cash fleeing low yields for EM, and the unassailable momentum of the socially responsible investment movement.

  • 23 Jan 2020

• Groupthink: a virus that spreads

  Bond markets have been exposed to an epidemic of optimism this January.

  • 23 Jan 2020

• The power of making a fuss

  As head of BlackRock, the largest asset manager, Larry Fink’s pivot to responsible investing in recent years has been influential.

  • 16 Jan 2020

• Monte is living a charmed afterlife

  The stars have aligned for Banca Monte dei Paschi di Siena following its rescue by the Italian state. It is hard to see how other banks could be so fortunate.

  • 16 Jan 2020

• Sustainability loans need rating agencies

  The sustainability-linked loan market is a glorious mess.

  • 10 Jan 2020

• Brexit is just beginning

  While voters who wanted to get Brexit done won a clear path to leave the European Union in December’s general election, the financial industry should be preparing itself for a protracted period of scattered and gruelling negotiations.

  • 09 Jan 2020

• EU has painted itself into a corner on bank bailouts

  European Union member states are finding more and more ways to prop up failing financial institutions with public money. The longer it goes on, the harder it is going to become for authorities to crack down on a culture of bailouts.

  • 18 Dec 2019

• Crunch time for DCM tech: let the best one win

  This year GlobalCapital has reported extensively on the various debt capital markets technology platforms being developed by both the public and private sectors. But which will come out on top? We should get an answer in 2020.

  • 18 Dec 2019

• Serious about green? Lagarde must ditch dirty debt

  Christine Lagarde, the new European Central Bank president, has planted a flag, placing climate change at the centre of the ECB’s priorities. That is bold — and laudable — but if the ECB is to have a meaningful impact, green QE is not enough. The ECB must divest its holdings of unsustainable assets.

  • 12 Dec 2019

• Basel III or IV? The ECB will decide

  The European Central Bank has the power to decide the ultimate impact of the Basel III rules in Europe.

  • 12 Dec 2019

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