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Populism and economic change are melting down old idols. When the next crisis comes, new fiscal and monetary tools will be used — including helicopter money.
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Germany’s constitutional court said this week that the EU had not exceeded its powers when establishing the first two pillars of the banking union, dismissing a law suit brought forward by a group of academics.
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New UK Conservative prime minister Boris Johnson expressed support for the establishment of a new development bank along the lines of Germany's KfW on Thursday. While there is scepticism over the execution of the proposal, debt capital markets bankers would welcome a new, highly-rated issuer.
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HSBC’s Doody moves to New York — LCH hires Créd Ag’s Girolami — Mizuho chooses Slavinskiy for EMEA IB
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The world’s poorest countries receive just a trickle of investment from debt and equity capital markets, despite new figures showing that overall foreign investment is now about as large as official aid payments.
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A treasury head at a German agency, which he helped set up from scratch, has left after nine years to return to the banking sector.