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 makes 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 mini-banking crisis in March 2023 showed

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 much lower

As markets tank again in response to Trump’s tariffs, there is a real risk of a crisis of faith in the US as a reliable world power – and crucially in its Treasury bonds, which underpin shadow banking.

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

A Chase Bank outlet in New York City. Bob Diamond, the former CEO of Barclays, says over the next few years, dealmaking will shrink the roughly 4,500 banks in the US down to just 1,000 to 2,000 lenders.
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 surface, and it is apparent that the mergers and ac...

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 corporate and investment banking

With interest rates set to decline in the UK and US, HSBC needs to boost its non-interest income – and fast.

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