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Opinion

Off the record

“Sri Mulyani was most upset that Indonesia was downgraded more than Brazil. She’s been to Brazil” 

An insider explains the Indonesian finance minister’s ire with JPMorgan

“We’ve talked to the investment banks about combining retail demand into an underwriting fund to support new issues. But the investment banks still want retail to be the dumb money that supports in secondary the crap deals they’ve placed at discounts with their favoured institutions in primary. How do I know? Where on earth do you think we all learned this business?”

Nice of this fintech entrepreneur to confirm to Euromoney that, before they became the good guys, he and his co-founders were all bad guys

“We’re putting employees outside the annual shareholder meeting to key an eye on things. The last thing we want is some sort of United Airlines incident where one of our security guards is snapped carting off a protestor…”

One bank PR shares today’s challenges...

“The environmental stuff is sort of taking a back seat now because.. well… now we can make a lot of money for clients in pipeline deals”

One banker shares how Trump’s rolling back of environmental protection means the end of talk about CSR



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