Paul J Davies

BLOOMBERG

The goodwill Dimon has among investors offers him space to navigate the bank's issues in the medium term, although that won’t be true forever.

Dimon’s success creates headaches for JPMorgan

The bank’s dominance has generated two big problems – excess capital and a lofty stock valuation

Stablecoin issuer Circle Internet Group made its trading debut on the New York Stock Exchange on Jun 5.

Crypto, startups and banking make a scary mix

Tailoring regulation to make life easier for small lenders, especially those heavily linked to venture capital and crypto, could be dangerous as...

The contentious and costly part for UBS is the demand that it should fully capitalise its foreign subsidiaries.

UBS’s US$26 billion capital hit isn’t quite as bad as it seems

The Swiss bank’s shares rose following the government’ announcement of its too-big-to-fail rules, probably because investors anticipate the final settlement will be...

Traders work on the floor of the New York Stock Exchange (NYSE) in New York, US, on Tuesday, April 8, 2025. Stocks surged at the fastest pace since 2022 and bonds fell after Treasury Secretary Scott Bessent fueled hopes of trade deals, marking a dramatic shift in Wall Street sentiment following a selloff that chopped trillions of dollars off global markets. Photographer: Michael Nagle/Bloomberg

Shadow banks are too big to stay in the shadows

Mega hedge funds are so critical to modern finance that they should be regulated more like lenders

The transformation Donald Trump is planning during his second term will be painful; the questions are how much it will hurt and how long will it take.
THE BOTTOM LINE

Investment bankers finally start to take Trump literally

The president’s chaotic policymaking has undermined hopes for a surge in deal flow

Battling scams has mainly been left up to banks, which have spent heavily on compensating customers and investing in education and warning systems.

That online investment scam is a geopolitical problem

Cybercrime is a national security issue that should be taken as seriously as drug trafficking or terrorist financing

Revolut co-founder Nikolay Storonsky recently flagged that backers will want an initial public offering “sooner or later”, and that the US looks a preferable listing destination.
THE BOTTOM LINE

Revolut’s road to IPO will test fintech’s hype

The neobank’s ambitious expansion comes with renewed pressure on cost

Deals among larger regional firms could be possible, too – and would likely benefit Americans by providing better competition with the biggest lenders such as JPMorgan Chase and Bank of America.
THE BOTTOM LINE

Mega deals won’t lead M&A rebound under Trump

US BANKERS are rubbing their hands at an expected boom in dealmaking under a market-friendly president-elect Donald Trump next year. But scratch...

The evolution of finance continues to favour the biggest Wall Street banks, such as JPMorgan Chase or Goldman Sachs Group, that can spend the most on tech and have tight relationships with the biggest private-market asset managers.

Investment banks will lose billions of dollars to private rivals

Lenders are set to lose as much as US$50 billion from annual revenue by 2027, mostly in the US and mostly in...

FILE PHOTO: An aircraft flies past the HSBC headquarters building in the Canary Wharf financial district in east London February 15, 2015.   REUTERS/Peter Nicholls/File Photo

HSBC’s wealth push is a good story only half told

Georges Elhedery, the incoming CEO, needs to prove that managing money can replace income from units squeezed by interest rate declines