-
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.
-
Even credit geeks relegate accounting geeks to the back corners of the classroom. It’s proverbially dry, and shouldn’t affect real world issues, such as whether a company can deliver returns for its shareholders and pay its debts. But seemingly esoteric accounting changes can mean major real world consequences. It’s not just for the geeks; it’s time to get real about IFRS.
-
Of all the parts of the EU Sustainable Finance Action Plan, the Taxonomy is closest to the heart of the green bond market.