Mark Kleinman, Sky News – 20 April 2021 Sky News reports that rugby union’s global governing body has hired bankers for a groundbreaking shake-up that could include selling a stake in the World Cup’s commercial rights. World Rugby has appointed Jefferies and Rothschild to handle a review into its options for new areas of funding,…
Benjamin Parkin, Financial Times – 15 March 2021 Across India, public sector bank workers are striking in protest of Modi’s plans to sell two state lenders to raise funds for Covid-19 economic recovery and reform the banking sector. However, economists worry that opening up this sector to corporate influence could give business chiefs too much…
Prabhjote Gill, Business Insider – 17 March 2021 Narendra Modi’s government believes an injection of cash into India’s infrastructure projects from a new national bank will facilitate development in this area, however experts believe this will not be enough. This article in Business Insider explains why. Read the full article here.
Christopher Copper-Ind, International Investment – 1 March 2021 HSBC Malaysia has appointed its new female head of global banking, Christina Cheah. Cheah joined the bank in 2013 and has worked her way up, with more than 40% of the Malaysia executive committee now women. Read what Stuart Milne, HSBC Malaysia CEO, had to say about…
Financial Times – 23 February 2021 HSBC have made clear where their allegiances lie, with a relocation of some of their most senior leaders to Hong Kong. This article in the Financial Times explains why it should be no surprise that the bank is returning to their Asian roots in order to keep Beijing on…
Chad Bray and Alison Tudor-Ackroyd, South China Morning Post – 26 January 2021 Jack Ma’s Ant Group could finally be allowed their IPO after regulators pulled the plug due to concern over consumer’s privacy and financial risk in the business model. This article in South China Morning Post details the rules and regulations the group…
Aakriti Thapar – BBC News The past 15 months have made the dire financial situation of Indian banks more apparent, with experts asking questions as to why three major banks have collapsed under the strain of worsening debt. The Reserve Bank of India authorised a debt-repaying suspension for Lakshmi Vilas Bank last month due to…
This article was a collaborative effort by Juan Aristi Baquero, Akos Gyarmati, Marie-Paule Laurent, Pedro J Silva, and Torsten Wegner, representing views from McKinsey & Company’s Risk Practice. When the COVID-19 outbreak became a global pandemic, financial-markets volatility hit its highest level in more than a decade, amid pervasive uncertainty over the long-term economic impact. Calm…
Daniel Broby, University of Strathclyde – The Conversation In a surprise last minute decision, the flagship stock exchange listing of Ant Group was suspended by regulators in China and Hong Kong. The Chinese tech giant, backed by Alibaba billionaire Jack Ma, was to be the biggest initial public offering (IPO) in history. The suspension puts…
