Peter's Feed
Jun 30, 2015
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Chinese stock markets need more than lip service

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The author is a Reuters Breakingviews columnist. The opinions expressed are his own.

When China’s rulers talked about markets playing a “decisive” role in the economy almost two years ago, they probably didn’t envisage a stock market slump. Now equities are sliding. It will take more than lip service to restore confidence.

Jun 25, 2015
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Chinese banks get closer to losing training wheels

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The author is a Reuters Breakingviews columnist. The opinions expressed are his own.

China’s banks have taken a big step towards maturity. The government has scrapped a rule that capped loans at three-quarters of deposits, in a long-awaited reform that should remove distortions and may boost credit. More importantly, it’s a sign that China is closer to dismantling its rules and quota-based financial system.

Jun 22, 2015
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Weaker shareholder rights a bad omen for Hong Kong

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The author is a Reuters Breakingviews columnist. The opinions expressed are his own.

Democracy has had a bad few days in Hong Kong. First the former British colony shelved its pledge to grant citizens universal suffrage. Now the Hong Kong stock exchange is getting ready to ditch its long-held principle that shares should carry equal votes.

Jun 22, 2015
via Breakingviews

Weaker shareholder rights a bad omen for Hong Kong

Photo

The author is a Reuters Breakingviews columnist. The opinions expressed are his own.

Democracy has had a bad few days in Hong Kong. First the former British colony shelved its pledge to grant citizens universal suffrage. Now the Hong Kong stock exchange is getting ready to ditch its long-held principle that shares should carry equal votes.

Jun 17, 2015
via Breakingviews

China’s stock boom is not so different this time

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The author is a Reuters Breakingviews columnist. The opinions expressed are his own.

The four most dangerous words in finance are “this time it’s different”. China’s soaring, $10 trillion stock market has evoked memories of boom and bust in 2006-2008. Many of the same themes are present, while the differences aren’t sufficient to suggest a happier ending.

Jun 17, 2015
via Breakingviews

China’s stock boom is not so different this time

Photo

The author is a Reuters Breakingviews columnist. The opinions expressed are his own.

The four most dangerous words in finance are “this time it’s different”. China’s soaring, $10 trillion stock market has evoked memories of boom and bust in 2006-2008. Many of the same themes are present, while the differences aren’t sufficient to suggest a happier ending.

Jun 10, 2015
via Breakingviews

MSCI lets fund managers ignore China a bit longer

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The author is a Reuters Breakingviews columnist. The opinions expressed are his own.

Western asset managers can breathe a sigh of relief: they don’t have to start chasing inflated Chinese stocks just yet. Index compiler MSCI has decided the pumped-up $10 trillion equity market is not quite ready for inclusion in its global benchmarks. Even so, fund managers can’t ignore China for much longer.

Jun 10, 2015
via Breakingviews

MSCI lets fund managers ignore China a bit longer

Photo

The author is a Reuters Breakingviews columnist. The opinions expressed are his own.

Western asset managers can breathe a sigh of relief: they don’t have to start chasing inflated Chinese stocks just yet. Index compiler MSCI has decided the pumped-up $10 trillion equity market is not quite ready for inclusion in its global benchmarks. Even so, fund managers can’t ignore China for much longer.

Jun 9, 2015
via Breakingviews

HSBC continues to wind back the clock

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The author is a Reuters Breakingviews columnist. The opinions expressed are his own.

HSBC keeps going back in time. Four years after Stuart Gulliver started pruning the global bank, the chief executive has unveiled plans to cut risk-weighted assets by a quarter and shed tens of thousands more employees. After he has finished, HSBC will have gone a long way towards reversing decades of international expansion.

Jun 9, 2015
via Breakingviews

HSBC continues to wind back the clock

Photo

The author is a Reuters Breakingviews columnist. The opinions expressed are his own.

HSBC keeps going back in time. Four years after Stuart Gulliver started pruning the global bank, the chief executive has unveiled plans to cut risk-weighted assets by a quarter and shed tens of thousands more employees. After he has finished, HSBC will have gone a long way towards reversing decades of international expansion.

    • About Peter

      "Peter is Assistant Editor of Reuters Breakingviews, based in London. He oversees coverage of financial services and regulation. Prior to joining Reuters, Peter spent 10 years at the Financial Times. From 2004 to 2009 he was the FT’s banking editor, leading the paper’s award-winning coverage of global banking during the credit crunch. Between 2000 and 2004 Peter reported for the FT from New York. He played a leading role in the paper’s coverage of the 9/11 attacks and their aftermath. A Dutch national, Peter has degrees from Bristol University and the London School of Economics."
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