Global Investing

The “least worst” option?

April 24, 2012

Western governments saddled with mountainous debts will “repress” creditors and savers via banking regulation, capital controls, central bank bond buying and currency depreciation that effectively puts sovereign borrowers at the top of the credit queue while simultaneously wiping out real returns for their bond holders. So says HSBC chief economist Stephen King in his latest report this week called “From Depression to repression”.

Regulate Us? We’re Hurt.

June 15, 2010
Obama advisor Paul Volcker wants more regulation.

Obama advisor Paul Volcker wants more regulation.

The popular image of Wall Street institutions involve swagger: the ability to absorb the competition’s blows, taking no prisoners, raking in the money… until it seems like the government could force them to rein in their excesses. It’s at that point that Wall Street’s tough guys suddenly sound wounded.

Standard Chartered: Far from declaring victory over crisis

September 25, 2009

Peter Sands, Chief Executive Officer of Standard Chartered says the grip of the global financial crisis has loosened but there is still a lot of work to be done to fix the damage. He spoke with Reuters on the sidelines of the Clinton Global Initiative where he said the public has a right to be angry with bankers about their pay but capping compensation on a global level is not likely to happen. Watch his responses here and tell us what you think. Is it possible to have a global cap on executive compensation?