Paul J Davies
Traders, don’t fall in love with your machines
The US’ Securities and Exchange Commission and other watchdogs have looked into potential risks of widely used technology and software
Banking’s new era of capital puts watchdogs on the spot
The post-2008 rules are all (mostly) finally settled. Now they have to be enforced and monitored
Wall Street’s deals rebound is missing something
DEALMAKING is back! At least that’s what it looks like after the big five US investment banks reported a 27 per cent increase in...
Financial crises are a feature, not a bug, of the US system
It’s a year since the failures of Silicon Valley Bank (SVB) and Signature Bank – and the renewed cries of “never again”. Almost instantly began...
Did Powell just stamp out bankers’ green shoots?
Stoking uncertainty on the path for interest rates might hurt the nascent pickup in stock listings and loan sales
Killjoy for Kim Kardashian and other financial influencers
BEING a social-media influencer used to be so much fun – and rewarding! Bash out a post about your lovely new shoes,...
Private equity machine will be tough to unjam
The PE industry has hit a sand trap as investors keep being asked to put cash in, while getting little money back
Goldman owes women much more than US$215 million
“DOING God’s work,” is the line everyone remembers from Lloyd Blankfein, Goldman Sachs’ then-chief executive officer (CEO), in a 2009 feature in Britain’s...
The only way to stop bank runs is to get rid of banks
The failures of Silicon Valley Bank (SVB), Credit Suisse Group and others have gotten financial authorities thinking again about bank runs and...
Private equity’s crafty lawyers offer universal lessons
BETWEEN about 2018 and 2021, I heard from a lot of debt investors who were unhappy about what they were being asked...
