Despite Government calls for pay restraint, new figures show some people are doing very well out of the cost of living crisis, writes Josiah Mortimer
Banking
Matt Bernardini reveals the Russian-linked Fintech companies that continue to operate from the UK, despite being sanctioned elsewhere for their ties to the country
There have been growing concerns among regulators about the potential misuse of sustainability-linked loans
by Brian Czech
When the name “Putin” is uttered—from now until the end of human utterance—the first thing that should come to mind is hundreds of thousands (and counting) of dead and wounded. Putin has turned a verdant, peace-seeking country into a hell-scape of suffering, including starvation. Let’s not overlook the Ukrainian casualties, now or ever.
Now, Putin is taking an even deeper stride into the annals of infamy by orchestrating one of the most despicable episodes of wanton waste in history: his attack on Ukrainian grain stocks and infrastructure.
Mahmoud Fatouh and Ioana Neamțu Similar to the Deutsche Bank’s episode in 2016 and the Covid stress in 2020, AT1 spreads over subordinated debt rose rapidly and sharply following the Credit Swiss rescue deal. Beyond these three cases, AT1 spreads have been stable. In this post, we focus on conversion risk of AT1 bonds (also … Continue reading Convertible or not: making sense of stresses in AT1 bonds market
There is a stark contrast in the response to the closure of Nigel Farage's Coutts account - and bank account closures of progressive organisations in 2015
Kristin Forbes, Christian Friedrich and Dennis Reinhardt Recent episodes of financial stress, including the ‘dash for cash’ at the onset of the Covid-19 (Covid) pandemic, pressure in the UK’s liability-driven investment funds in 2022, and the collapse of Silicon Valley Bank in 2023, were stark reminders of the vulnerability of financial institutions to shocks that … Continue reading Funding structures and resilience to shocks after a decade of regulatory reform
Fifteen years after the Lehman Brothers collapse and following the failures of Silicon Valley Bank, First Republic Bank, Signature Bank, as well as the forced acquisition of Credit Suisse, banks are back in the headlines. Daniel Beunza and Pierre-Christian Fink assembled an excellent panel of sociologists and social scientists, studying banks, regulation and finance, to […]
Despite promising a new era of 'accountability' and integrity, Sunak has failed to fully declare his extensive personal and familial financial interests, reports Adam Bienkov
In the light of banking failures, Anthony Yates looks at how a plan for central bank digital currencies to protect depositors overlooks the key function of the financial sector - credit