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Opinion

Abigail with attitude: Goldman could come out looking smart on market risk

As London locks up its rioters, isn’t it time that investors stopped bankers acting as wardens of their own institutions? Meanwhile, the results season means the jury remains out for the likes of Blankfein, Gorman and Dougan

Panic on the streets and trading desks of London
The August riots in London were an unwelcome back-drop to the bungee-jumping stock markets.


Cosseted bankers are deluded
Many senior bankers are deluded. They somehow believe that although the world has changed, their life has not.


Goldman could come out looking smart on market risk 

Goldman reported lower than expected earnings of $1.1 billion and announced 1,000 job cuts. Goldman attributed this under-performance to a reduction in market risk.


Will Gorman be Morgan Stanley’s hero or zero? 

Chief executive James Gorman is battling to reinvent Morgan Stanley as a turbo charged Rolls-Royce with resilient trading revenues and a market leading, wealth management business.


Doubts grow over Dougan’s model for Credit Suisse 

Credit Suisse’s chief executive, Brady Dougan, needs to prove he has the right strategy in place for this new era.

 

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