Theo Vermaelen

THEO VERMAELEN IS THE UBS CHAIR IN INVESTMENT BANKING, ENDOWED IN HONOUR OF HENRY GRUNFELD, AND THE CHAIR OF THE FINANCE AREA, AT INSEAD

Deterring buybacks on a wide scale is unlikely to lead to more investments or better outcomes for workers.

Don’t kill share buybacks

SHARE buybacks are wrongfully under attack. They have long been a punching bag for American politicians, especially left-leaning ones, such as Senators...