News and opinion on finance

Sideways: Goldman Sachs and politics – DJ D-Sol may regret crossing AOC

Goldman Sachs chief executive David Solomon contributed $5,600 to Michelle Caruso-Cabrera, a former CNBC journalist who challenged Alexandria Ocasio-Cortez in the recent Democratic primary election for the 14th congressional district in New ...
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Katana sees relative value survive the bond market convulsions

As June drew to a close, with equities selling off on fears of a second wave in China and increasing cases in the US and Germany, the new supply of investment-grade and ...
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Oscar-winning documentary maker to use securities tokens for funding

March of the Penguins' Oscar-winning filmmakers in 2006, with Luc Jacquet second from left Remember the film March of the Penguins? It charts the yearly journey of emperor penguins to their breeding ...
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Bricks and mortar retail is living on borrowed time

Most financial crises are either seeded in the real estate market or are amplified there. The current one began as a healthcare emergency and has rapidly morphed into a financial shock, but ...
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PrimaryBid triumphs in retail campaign

All investors matter. That was the title of an open letter, posted back in April by app-based retail platform PrimaryBid to the boards and managements of UK companies, then pouring out emergency ...
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Country risk: Confidence shaken in UK investor outlook

Boris Johnson’s Conservative Party was elected on a pledge to “get Brexit done”, a message that chimed with some of those who had simply had enough of three years of social division ...
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Retail investors: the new lords of misrule

Retail investors have played a big role in a rebound in global equity markets that seems bizarre in the context of Covid-related economic challenges, but makes more sense given the determination of ...
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Lack of licensing clarity tempers Ethiopian mobile money optimism

Ethiopia is one of the three sleeping giants of the mobile money industry, according to the GSMA’s State of the Industry Report on Mobile Money from 2018, which points to the country’s ...
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Asia and coronavirus: The road to health

A common metaphor in economic literature likens problems in economies to maladies that afflict human bodies: ‘the health of the economy’; ‘the sick man of Asia’; ‘the body politic’. It is not ...
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Providence, Cinven and KKR launch first strike in public-to-private M&A

At the start of June, listed Spanish telecom company MasMovil announced that it had received a takeover approach from a consortium of private equity bidders comprising Providence Equity, Cinven and KKR. MasMovil, ...
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Yum IPO hits the spot as Chinese firms target Hong Kong listings

For investment bankers in Hong Kong, June 19 will be just another in a long line of very big days. On Friday morning, they will be ushered in, bank by bank, to ...
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Deutsche has big ambitions for new International Private Bank

In June, Deutsche Bank announced the latest step in its restructuring: the creation of a new unit, its International Private Bank. This now becomes a prominent part of the larger private bank ...
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