A brief look at how capital markets union may be diverted or delayed.

A snapshot of female representation on boards and executive committees across the European capital markets industry

If the industry does not convince policymakers that it has seen the light it will find the changes ahead even more painful.

Senior bankers may recall that the story of Sisyphus doesn’t end well. In fact, it doesn’t end at all.

A summary of Thomas Philippon's paper 'On the Theory and Measurement of Financial Intermediation'

Our summaries of some recent academic papers and research

An edited version of an article that was published in The Daily Telegraph on 7 October 2014

A selection of recent academic papers and research that we have read, sifted and translated so that you don't have to.

The investment banking industry has lots of problems, but few of them are as intractable as its problem with costs.

An analysis of the slow decline of the fixed income business.

An edited summary of a speech by Minouche Shafik about the Fair and Effective Markets Review

More and more senior women in finance seem to have decided that the trade-offs that used to make sense are no longer worth it.

Making the case for bigger and better capital markets in Europe

An emphasis of the importance of the IPO as a mechanism for capital raising and encouraging the shift away from bank financing.

Until banks start making a more positive case for the value of what they do, they will struggle to defuse – let alone win – the argument.