Quotes of the month
December 2017 issue.
“The reality is that creating one bank was always the vision when the banks were put together, and we really haven’t done it. We are only doing it now”
“The impact investment industry reminds me of the early stages of when we were building the leveraged finance asset class in Europe. There’s a desperate need for capital that requires new forms of investable structures that can unlock institutional money in size”
“I don’t want their compliance department to be shouted at by the CEO, which I don’t think would happen, but given the fact that they were kind and helpful to us, I don’t particularly want anyone to get in trouble on my behalf”
Eddie Kerman, CEO of Iran-focused, London-listed fund Indigo, gets nervous when informed that Euromoney would need to contact NEX Exchange, the listing venue, to confirm whether an “unofficial” agreement had indeed been reached to omit Iran from official documents. Kerman insists Indigo “disclosed everything we had to”
“Access to financial services for 500 million people is actually a pretty large endeavour”