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Paul J. Davies

Paul J. Davies

Bloomberg

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Trump’s Trade War Looks Brutal for Finance, Too

latest 10

Bloomberg

Paul J. Davies

Investment Bankers Finally Start to Take Trump Literally

Investment Bankers Finally Start to Take Trump Literally
18.03.2025 2

Bloomberg

Paul J. Davies

Italy’s Financial Tangle Risks Return to Bad Old Days

13.02.2025 10

Bloomberg

Paul J. Davies

Deutsche Bank’s Domestic Woes Risk Making It an Also-Ran

03.02.2025 10

Bloomberg

Paul J. Davies

Goldman Sachs and Citigroup Are the Haves and Have-Nots

A growing split between the haves and have-nots in US banking was laid bare in four lenders’ full-year earnings on Wednesday. Goldman Sachs Group...

17.01.2025 20

Bloomberg

Paul J. Davies

Jamie Dimon’s Succession Race Just Lost a Top Candidate

Jamie Dimon, who turns 69 in March, will one day retire as chief executive officer of JPMorgan Chase & Co. The candidates to succeed him have been...

15.01.2025 10

Bloomberg

Paul J. Davies

Italy's Defense of Bank Jobs Is an EU-Wide Obstacle

Italy looks more worried about averting a few job cuts at home than amplifying its economic strength in the wider world. It’s not alone among...

15.01.2025 9

Bloomberg

Paul J. Davies

Bankers Need the Right Trump Outcome to Justify Stock Optimism

US investment banks have little room for error in their upcoming full-year results. With share prices of almost all the major firms at or close to...

10.01.2025 5

Bloomberg

Paul J. Davies

European Banking M&A Is Finally Here — Maybe

The European banking industry has been supposedly on the verge of a flood of mergers and takeovers for at least a decade — and I’ve spent most of...

24.12.2024 6

Bloomberg

Paul J. Davies

Mega Deals Won’t Lead M&A Rebound Under Trump

US bankers are rubbing their hands at an expected boom in dealmaking under a market-friendly President-elect Donald Trump next year. But scratch...

17.12.2024 5

Bloomberg

Paul J. Davies

UniCredit’s Domestic Deal Won’t End Commerzbank Ambitions

Like any good investment banker, Andrea Orcel isn’t content to wait for a single deal. With UniCredit SpA’s potential bid for Germany’s...

25.11.2024 10

Bloomberg

Paul J. Davies

UBS Needs Proper Oversight More Than Extra Capital

UBS Group AG is racing through its integration of the old Credit Suisse and hitting its targets ahead of schedule, which helped the Swiss bank beat...

30.10.2024 2

Bloomberg

Paul J. Davies

Barclays and Deutsche Bank Need to Chase More Equity Deals

Barclays Plc and Deutsche Bank AG have both benefited from interest rates staying higher than expected this year, supporting revenue and helping...

24.10.2024 3

Bloomberg

Paul J. Davies

Bankers Dodging Blame for Money Laundering Never Ends

There’s one lesson for any bank executive looking at the record money laundering penalties handed to Toronto-Dominion Bank last week: Whatever...

17.10.2024 2

Bloomberg

Paul J. Davies

Wall Street Bonuses Have Just Been Salvaged

Wall Street’s bankers and traders can now feel much better about this year’s bonuses than they did only in the summer. The volume of deals and...

15.10.2024 2

Bloomberg

Paul J. Davies

JPMorgan’s Silver Lining Still Comes With a Cloud

JPMorgan Chase & Co.’s net interest income was the hot topic of its third-quarter results, much to the irritation of Chief Executive Officer Jamie...

11.10.2024 3

Bloomberg

Paul J. Davies

Why Robinhood Is Seeking Merry Traders Overseas

Britain’s stock-investing culture has been withering for years, with the only real growth coming from consultants, policymakers and commentators...

09.10.2024 10

Bloomberg

Paul J. Davies

The Fed Needs to Tread Carefully in Twitchy Money Markets

It might not be time to really get nervous about US money markets, but it’s definitely time to pay more attention. Signs of strain emerged as...

04.10.2024 2

Bloomberg

Paul J. Davies

UniCredit Needs Germany to Think More European About Commerzbank

Andrea Orcel has to win two battles for UniCredit SpA to take over Germany’s Commerzbank AG. First, the Italian bank’s chief executive officer...

01.10.2024 4

Bloomberg

Paul J. Davies

Traders, Don’t Fall in Love With Your Machines

Gary Gensler, chief US securities regulator, enlisted Scarlett Johansson and Joaquin Phoenix’s movie “Her” last week to help explain his worries...

23.09.2024 20

Bloomberg

Paul J. Davies

Commerzbank Still Isn’t Right for Deutsche Bank

Since Italy’s UniCredit SA put Commerzbank AG in play, Deutsche Bank AG needs to consider its options. A takeover bid for its German rival doesn’t...

19.09.2024 3

Bloomberg

Paul J. Davies

Banking’s New Era of Capital Puts Watchdogs on the Spot

The 16th anniversary of the collapse of Lehman Brothers has been marked by regulators signaling that the era of toughening up capital rules is...

17.09.2024 10

Bloomberg

Paul J. Davies

Can Mario Draghi and UniCredit Revive Europe’s Banks?

UniCredit SpA shocked Germany Wednesday with its dawn raid on the Commerzbank AG shares being sold by the government. That took the Italian...

12.09.2024 6

Bloomberg

Paul J. Davies

Wall Street’s Hottest Business Is About to Cool

Banks and shadow banks are meant to exist in separate worlds, but the financial links between them are increasingly seen as a source of potential...

11.09.2024 30

Bloomberg

Paul J. Davies

Jane Street and Citadel Won’t Devour All of Wall Street’s Revenue

Jane Street Group LLC and Citadel Securities are on a tear. First-half revenue at the two predominantly electronic market makers grew about 80%...

05.09.2024 2

Bloomberg

Paul J. Davies

Is Elon Musk the Bankers’ Moby Dick? Not Yet

Call me Ishmael. The biggest question about an investment banking client like Elon Musk is whether he turns out to be a Moby Dick. They’re rare...

22.08.2024 10

Bloomberg

Paul J. Davies

For Fintechs Klarna and Revolut, Careful What You Wish For

Life is going well again for fintechs, judging by the flow of headlines about two of Europe’s leading finance apps. After the startup crash of...

19.08.2024 10

Bloomberg

Paul J. Davies

UBS’s Yard Sale Is the Star of Its Earnings Show

A year after UBS Group AG completed its emergency takeover of failing rival Credit Suisse, the project is faring better than the Swiss bank dared...

14.08.2024 2

Bloomberg

Paul J. Davies

HSBC’s Wealth Push Is a Good Story Only Half Told

HSBC Holdings Plc came a long way under Noel Quinn as chief executive officer, becoming a simpler and more efficient firm, while asset sales helped...

12.08.2024 6

Bloomberg

Paul J. Davies

Bank of England’s QT Solution Would Fry Bagehot’s Brain

Walter Bagehot, the pioneering British chronicler of central banking, wouldn’t recognize at all how today’s Bank of England will soon interact with...

08.08.2024 6

Bloomberg

Paul J. Davies

Beware the Bombs Baked Into Modern Stock Markets

Investor complacency is often blamed when rising stock markets ignore potentially unsettling data for weeks and then viciously sell off. But this...

06.08.2024 4

Bloomberg

Paul J. Davies

BNP’s €5.1 Billion Axa Deal Is One Hell of a Bolt-On

BNP Paribas SA has had billions of euros in spare capital burning a hole in its corporate pocket since the sale of its US retail arm, Bank of the...

02.08.2024 3

Bloomberg

Paul J. Davies

BBVA’s Bid Still Better Than Sabadell’s Self-Help

The nagging question over Banco Bilbao Vizcaya Argentaria SA’s second attempt to take over its smaller Spanish rival Banco de Sabadell SA is...

01.08.2024 10

Bloomberg

Paul J. Davies

Deutsche Bank Revives Bad Memories for Investors

Big European banks are humming, but you’d never guess that from looking at their stock prices. BNP Paribas SA, Deutsche Bank AG, Banco Santander SA...

24.07.2024 2

Bloomberg

Paul J. Davies

CrowdStrike Outage Is Another Sharp Warning for Banks

The chaos that froze digital systems around the world on Friday is exactly the kind of crisis that financial regulators have been fretting about in...

23.07.2024 10

Bloomberg

Paul J. Davies

Wall Street Senses the Barbarians Are Finally at the Gates

The barbarians are back at the gates. Morgan Stanley and Goldman Sachs Group Inc. are confident that their most important clients are about to get...

18.07.2024 3

Bloomberg

Paul J. Davies