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from Viewsroom:

Viewsroom: Republican convention, Tesla, banks

July 22, 2016

The confab to anoint Donald Trump the GOP presidential candidate is full of controversy, but short on business support and cogent financial policy. Tesla boss Elon Musk unveils his master plan, to underwhelming response. And there are silver linings to recent ho-hum bank results.

The City will survive Britain’s big rift

July 19, 2016

The UK's Brexit vote threatens London's financial hub-ness, but it would be wrong to think in simple binary terms. Even at worst, the costs to a global bank of staying on in the UK are likely to be counterbalanced by the costs of leaving. And really, it's clients who will decide.

Boosting bank earnings requires more creativity

July 13, 2016

Trading, stock deals and mortgage refinancing picked up in the second quarter. That's a relief after a poor start to the year. But bank returns mostly remain too low and new business too scarce. It puts the emphasis on finding new ways to cut costs and harness technology.

Fintech: bigger and dicier for insurers than banks

July 13, 2016

Financial technology is highly likely to disrupt the insurance industry, executives told PwC. Preventive cover that use sensors to anticipate damage could benefit society. But many shifts may require intrusive Big Brother-like methods - or questionable changes to risk management.

Cox: Dismantling Dodd-Frank is a Trump distraction

By Rob Cox
July 12, 2016

Republicans and their presumptive leader want to overhaul the financial-reform law. Recent stress tests and narrowing funding costs between big and small banks suggest that swapping reliance on regulators for bankruptcy courts is a bad idea, even if Trump knows the latter well.

UK upstart banks lack too-big-to-fail airbag

July 6, 2016

Britain's challenger banks have grown thanks to their bigger peers' dire customer service. Most look well capitalised. But a Brexit-induced recession and commercial property downturn may expose shoddy underwriting. Their tiny size means regulators won't mind if they go under.

Breakdown: Solving Asia’s other bad debt problem

June 30, 2016

It's not just China: soured loans are clogging up Indian lenders too. Though a cleanup is underway, the worry is that the departure of central bank chief Raghuram Rajan will delay it. But Prime Minister Narendra Modi needs to fix the banks to fulfil a pledge to create jobs.

Bank stress exams may test investor patience

June 28, 2016

Results are due this week from the Fed on how 33 financial institutions performed in a simulated bad economic downturn. Countercyclical factors included this year could mean even banks that ace the tests will be required to keep more profit rather than pay out bigger dividends.

Cox: An appeal to London’s Brexit banker castoffs

By Rob Cox
June 16, 2016

If Britain votes to leave the EU, global financial institutions have said they’ll need to relocate thousands of jobs to the continent. A fictional letter from Antwerp’s mayor to JPMorgan’s Jamie Dimon sums up the pre-emptive pitch cities and regions are sure to make.

Bankers can learn from miners about culture change

June 15, 2016

Rio Tinto, BHP and their peers have spent years improving their safety records. The finance industry can learn a thing or two from the way that miners have tried to clean up their act. Not least is the ambition to attain higher standards than absolutely required by the law.