Tag Archives: Credit Suisse
Can Credit Suisse solve its chronic cost problem?
Over the past decade, Credit Suisse investment bank has consistently had a higher cost base than its rivals, despite repeated attempts to tackle it. Unless it makes progress soon, it could be time to bring out the knives again. My … Continue reading
Investment banks get their house in order
First quarter results reveal impact of regulatory pressure on banks to raise RWAs and equity – with a numbing effect on profitability. My latest column for Financial News A good spring clean is always cathartic. Nowhere more so than at … Continue reading
Be careful what you wish for on bankers’ pay…
The latest proposals in the European Parliament on limiting bankers’ bonuses are no doubt well-intended – but could have damaging unintended consequences. Members of the European Parliament have a long tradition of coming up with odd proposals about financial markets, … Continue reading
The changing face of the investment banking industry
A unique analysis of the impact of the financial crisis on investment banks – comparing last year’s performance with 2006 – reveals an industry that is smaller, more concentrated, and much less profitable. My latest column for Financial News: Investment … Continue reading