Banking more stories

KfW: Germany’s source of cheap capital

KfW: Germany’s source of cheap capital

September 18, 2019

Germany is famous for its engineering and infamous for its banks – but how does a $4 trillion economy get by with only one battered global systemically important bank? And is the answer also the problem or an example to follow?

Emerging Markets more stories

Responsible Finance more stories

Responsible finance: The pledge that never was

Responsible finance: The pledge that never was

September 13, 2019
By HELEN AVERY

The US Business Roundtable has changed its statement of purpose to indicate that shareholders’ ambitions for profits have to be balanced with society’s goals, but what is it that these chief executives plan to do?