News and opinion on finance

New deposit platforms show limits of negative rates

In June, Sweden’s Klarna, one of Europe’s biggest fintech companies, and UniCredit-owned HypoVereinsbank, both announced plans to distribute deposits through Berlin-based Raisin’s WeltSparen platform. Previously, in April, Deutsche Bank started distributing other ...
Read More

Macaskill on markets: How to fight the Fed

An experiment in credit market sponsorship by the US central bank began on May 12 with its first corporate bond exchange-traded fund purchases.The new world of government support began not with a ...
Read More

Commerzbank: How Zielke and Schmittmann’s positions became untenable

Commerzbank’s chairman Stefan Schmittmann and chief executive Martin Zielke The joint resignations of Commerzbank’s chief executive Martin Zielke and chairman Stefan Schmittmann may have come as a shock for many investors. However, ...
Read More

Sovereign bonds: Give us an E, give us an S… but maybe hold the G

If their own research is to be believed, the world’s largest asset managers are fully seized of the importance of taking environmental, social and governance (ESG) risks into consideration when investing in ...
Read More

Santander’s positivity is an outlier in Brazil

A Santander office gleaming in the São Paulo sunshine As the first of Brazil’s big banks to report first-quarter earnings, there was more focus than usual on Santander Brasil at the end ...
Read More

Digital disbursements plug gaps left by Covid-19 relief effort

The global lockdown has forced millions of people to stay at home. Local shops, restaurants and bars are all under extreme financial stress as foot fall has collapsed and the realization dawns ...
Read More

German court gives ECB three months to justify sovereign bond purchases

On Tuesday, the German constitutional court delivered a withering verdict on the governance around decisions of the European Central Bank (ECB) and the Eurosystem of national central banks over the public sector ...
Read More

Shifting corporate responsibility to consumer resilience

Nobel-prize winning economist Joseph Stiglitz made the point recently in reference to Covid-19 that the US has created an economy without resilience. It would be fair to say the US is not ...
Read More

IIF says policy fragmentation slowing sustainable finance

The Institute of International Finance (IIF), which has 450 members from banks to central banks, is calling for greater international alignment of sustainable finance policies and regulation to better support the transition ...
Read More

Hong Kong: BEA and Elliott show solidarity but bicker over future

David Li, chairman of Bank of East Asia Elliott Management and Bank of East Asia (BEA) on Wednesday issued a joint press release, including comments from Elliott co-chief executive Jonathan Pollock and ...
Read More

In the Middle East, fertility is the next big investment trend

Babies are set to become big business in the UAE as the government looks at ways to tackle the low birth rate among Emiratis. This presents new investment opportunities in long-term demographic ...
Read More

Repayment difficulties put Lebanese investors in a risk frenzy

Red light: Investors – you have been warned Lebanon stood out with one of the biggest falls of all among the countries downgraded by risk analysts in Euromoney’s global risk survey last ...
Read More