Paul J Davies

Gary Gensler and his peers globally are playing catch-up when it comes to generative AI and some algorithms.
THE BOTTOM LINE

Traders, don’t fall in love with your machines

At the end of a round of tightened financial regulations, proper supervision is vital.

Banking’s new era of capital puts watchdogs on the spot

The second quarter could see more deals get going, but it still looks like 2024 will be a very bumpy year for private equity firms and the investment banks that rely on them.

Wall Street’s deals rebound is missing something

Silicon Valley Bank arguably got into trouble in part because in 2018, lobbying efforts by smaller banks allowed them to escape the tougher rules.

Financial crises are a feature, not a bug, of the US system

US stocks wobble after the Fed meeting. The big initial public offerings that hit the market recently are dropping back to earth despite big opening day rallies.

Did Powell just stamp out  bankers’ green shoots?

Reality TV somebody, Kim Kardashian, was fined US$1.3 million by the US Securities and Exchange Commission last year to settle claims she broke rules when touting the Emax token.

Killjoy for Kim Kardashian and other financial influencers

Stock markets have been more or less closed to IPOs of PE companies for 18 months now, according to Dealogic data.

Private equity machine will be tough to unjam

Goldman's US$215 million settlement of the gender-discrimination class-action lawsuit against it means the juicy details of its culture and practices won’t be aired in court.

Goldman owes women much more than US$215 million

A bank run is possible as long as there are some deposits that will require a bank to sell longer-term or risky assets quickly in order to pay them.

The only way to stop bank runs is to get rid of banks

As ultra-cheap money drove a hunt for yield, debt investors competing for a piece of new deals accepted ever-weaker safeguards in loan contracts.

Private equity’s crafty lawyers offer universal lessons