“There can be great opportunities among fallen angels, you just have to do the work to understand why they have fallen”
Chris Munro, co-head of EMEA leveraged finance at BAML, looks on the upside as credit markets turn
“Mifid II requires that everything electronic be recorded and stored for ever, effectively. GDPR says you can only collect certain information for stated purposes only, and that you have to destroy that information as soon as possible”
“In the whole history of RBI, we had only one year with a loss, which was in 2014 and was due to a very exceptional circumstance, namely the war in the Donbass”
“I can sit here in Washington DC and send my wife back in Togo money from England, and do it while we are having this interview”