Italy, just like other European countries, has launched recently a National Recovery and Resilience Plan. The plan is funded by the EU in the framework of the NGEU – Next Generation EU – initiative, and Italy’s chunk corresponds to 191.5 billion Euros, to be spent in the period 2021 –… Read More »
The Goldman Sachs Group, Inc. (“Goldman Sachs”) today announced that it has entered into an agreement to acquire NN Investment Partners from NN Group N.V. for approximately €1.6 billion (1). The transaction is expected to close by the end of the first quarter of 2022, subject to regulatory and other approvals… Read More »
As the threat of the Spanish flu receded a hundred years ago, people celebrated by holding large public festivals. What followed for those who survived the spread of the disease was a period of both social and economic euphoria. According to historians, pandemics can be brought to an end either… Read More »
The Probability of Default (PoD) of a company is the central concept behind a conventional rating. Ratings constitute a fundamental link between markets and investors. Their importance cannot be overstated. However, traditional ratings, according to the Credit Rating Agencies themselves, are merely opinions. The process of computation of a Probability… Read More »
The global crowdlending industry has grown dramatically over the past decade, particularly in the business sector. This method of raising cash, commonly known as peer-to-peer lending, appeals to many small and medium-sized companies who get quick access to cash at favourable rates compared to a traditional bank loan. The UK… Read More »
“Today the EU Parliament ratified the EU-UK Withdrawal Agreement. It is an historic day”, says Gunnar Beck, Member of the EU Parliament and Brexit spokesman for the Identity & Democracy Group, “because this is the first time a country is leaving the EU. Undeterred by numerous prophets of doom, the… Read More »
Andrew Ross Sorkin: I want to ask you about the other big theme here, stakeholder capitalism and governance and the role in all of these things. I’m curious what you think the role of banks should be in all of this. Do you have a greater responsibility to actually use… Read More »
The new year at the ECB marks the conclusion of the transition to new leadership, with two new members joining the Executive Board, and the launch of a year-long strategy review. As expected, the quantitative definition of the inflation objective will be the focal point of the review. We think… Read More »
MSCI is calling for all investors globally to more readily integrate Environmental, Social and Governance (ESG) considerations throughout their investment processes if they are to mitigate the risks and identify the opportunities of a rapidly changing world and contribute to an effective and balanced transition towards a sustainable economy. MSCI… Read More »
2019 was a stellar year for risky assets, with the surge of equity indices posting gains above 20% in almost all regions, with a special mention for the Nasdaq, up 35%. Recession fears of January 2019 abated as central banks reversed their monetary policies, moving from a hawkish stance to… Read More »
Podcast