-
As Marcella climbed into the transport pod for her short journey home to her cosy apartment in the Chongqing suburbs, her wristwatch buzzed, reminding her that this would be her last ever commute. She leaned back and thought of the days when she started out in banking, in 2007, right at the start of GFC1, the first Global Financial Crisis. In her 43 year career, how the world had changed.
-
A vote to leave the EU has left the population of the UK divided. The country’s banking sector will increasingly come to share in this division, with the largest financial institutions able to muddle on in capital markets even as smaller lenders find themselves beholden to events in domestic politics. -
The European Central Bank’s new funding programme has not ended up being what it was supposed to be — a way of departing from the old market order.
-
The root of arbitrage is the same thing being priced differently in two markets. As markets have got bigger and more sophisticated, arbitrage has become harder to find.
-
Following the retirement of Robin Phillips, HSBC’s new head of global banking is well qualified to meet the challenge that has outlasted his ex-colleague, provided he can get his head around the bank’s unique structure, writes David Rothnie.
-
The common eurozone sovereign bond keeps rearing its head as a supposed solution to the monetary union’s problems.
-
Metro Bank, the dog-friendly UK challenger bank which is launching branches while others close them, has had a rough time recently — with faults mainly of its own making. But whatever you think of the bank’s business model, it’s got one thing right.
-
ABN Amro, one of the banks at the centre of the global financial crisis in 2008, hopes that a new structure designed to deliver on a corporate and institutional banking (CIB) strategy anchored closer to home will allow it to prosper.
-
The EU’s first piece of sustainable finance legislation sets rules for green investment indices. That is all well and good, but more promising is a hint that all the ordinary indices may have to admit how un-green they are.
-
It is richly ironic that incoming measures meant to take Europe one big step closer to completing its Banking Union have ended up recognising that nothing of the sort actually exists.
