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Hope Trump would end the war triggered a big rally earlier this year
Worry less about jockeying for position in the eyeline of MDs than doing three basic things
Reform will be very painful, but worth it
The higher one climbs the investment banking ladder, the less science seems to be applied to recruitment. While trainees must suffer weeks of formal recruitment process, the biggest P&L drivers are more likely to be tapped up down the pub
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◆ Large book, small concession ◆ Merz stumbled on the path to power ◆ 'Remarkable stability' in Bunds -
Relief at absence of full scale panic is clouding equity investors’ judgement
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Entrepreneurship has been driven out by rule-following
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Being ‘flexible and fast’ proves key for public sector issuers amid uncertain market backdrop
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Direct lenders take the initiative as banks step back
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Protections for special servicers challenged
