Investment Banking

A ranking of CEO pay at the top European banks compiled by SNL Financial shows little support for the idea that executive compensation and shareholder returns bear a strong correlation.

The index is designed to track the performance of debt issued by quasi-governments and corporations where the proceeds of the issue are to be used solely for projects and activities that promote climate or other environmental sustainability purposes.

Although "only" 25 banks failed the ECB test, the central bank’s health check shows that others have reasons to be concerned. SNL data sheds light on some of the implications of the exercise, not only for the failed banks, but also the "near misses."

The California Public Employees’ Retirement System (CalPERS) has received $249.3 million in damages from Bank of America, the result of a federal investigation settlement announced in August by California Attorney General Kamala Harris

Should one expect a huge differential in interest rates? Undoubtedly. According to René Defossez, having said that, this differential should be far more pronounced at the short end of the curve than at the long end. The reason is that short rates will be influenced directly by monetary policy, whereas long rates will remain more or less protected by many factors...