Fragmentation of euro area financial markets has been relatively limited, as policymakers have benefitted from reforms after and experiences with past crises, European countries and authorities reacted with quite some unity, and direct financial exposures to Russia and Ukraine are relatively small
Read more...I am very much saddened by the death of Michael M. Thomas, from old money and high finance, and vocally unimpressed by them.
Read more...More artful lawyering in the derivative case against Bayer management, its board and financial advisers over the disastrous Monsanto purchase
Read more...SPAC mania, with billions raised: this time it’s different, everyone is saying again – another sign that the zoo has gone nuts.
Read more...Despite the big numbers, Goldman gets the kid glove treatment relative to the severity of its 1MBD misconduct.
Read more...Apollo’s Leon Black needs to develop better taste in friends.
Read more...The world’s most powerful financial institutions are sounding the alarm that “a new global financial crisis triggered by climate change would render central banks and financial supervisors powerless.”
Read more...Why Felix Rohatyn was and wasn’t typical of his industry.
Read more...Chris Arnade’s 150,000-mile, multi-year photograhic journey through unthriving America—urban and rural, black and white, from Lewiston, Maine, to Bakersfield, California, with many stops in between.
Read more...Follow the subsidies, and you will understand why we had the crisis and why not enough has been done to prevent a recurrence.
Read more...Fracking harms the environment and shale oil companies fail to turn a profit but that doesn’t stop Wall Street from lending them huge sums of money, driven by lust for fees.
Read more...Decoding the press release on the new health care venture from Berkshire Hathway, Amazon, and JP Morgan.
Read more...AI may revolutionise risk management and financial supervision, but also threatens to destabilise markets and increase systemic risk.
Read more...Beware of old CDO risk re-imaged as “nonlinear finance”.
Read more...Like Bill Clinton before him, ex-President Barack Obama has boarded the Wall Street-financed train to millionaire riches.
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