This Month
Investment banks slash China growth forecasts as confidence wanes
Analysts are increasingly sceptical that Beijing will reach its 5 per cent economic growth target for 2024.
- Thomas Hale
August
Why CEOs working from home may be the new trend
Starbucks’ new boss Brian Niccol has decided to base himself in California rather than headquarters, dividing opinion among workplace experts.
- Michael O’Dwyer and Emma Jacobs
July
- Analysis
- Global economy
China’s low-tech manufacturers hanging on by their fingernails
China is shifting more to high-tech and EV manufacturing as its clothing, toy and furniture factories struggle against anaemic orders, trade restrictions and competition.
- William Langley
Bankers seeking their next big pay day are chasing these clients
Investment banks are now after riskier, smaller companies so they can pounce on the spoils of a trophy listing or a huge sale to private equity.
- Aaron Weinman
How the chairman became the unquestioned power at this bank
Mark Tucker, the chairman of HSBC, has spent years establishing himself as the dominant figure at the heart of Europe’s largest financial group.
- Harry Wilson, Laura Noonan, Donal Griffin and Ambereen Choudhury
June
Bankers sacked for faking work in rise of ‘mouse jigglers’
US banking giant Wells Fargo dismissed members of its wealth and investment management arm after investigating claims that they were pretending to be busy.
- Hannah Levitt
May
How to get 50,000 frequent flyer points and gold status
Air Canada is joining a string of carriers expanding in Australia, hoping to capture travellers fed up with being unable to use their frequent flier points.
- Ayesha de Kretser
- Exclusive
- Venture capital
Big win for Square Peg as Nvidia buys AI start-up Deci
The Melbourne VC firm will soon be toasting a rich profit on its investment in an Israeli AI start-up, when it is acquired by chip titan Nvidia for $447 million.
- Nick Bonyhady
‘Twenty-five times salary’: Goldman scraps bonus cap for bankers
Goldman will allow star traders and deal makers to earn up to 25 times their salary. The bank is trying to make London more attractive to top bankers after Brexit.
- Eir Nolsoe and Michael Bow
April
- Exclusive
- Social media
TikTok referred to anti-money laundering authorities
The app’s gifting function, usually used to reward engaging streamers, had directed cash to terror-linked accounts.
- Nick Bonyhady
Can Pollination really become the next ‘green’ Macquarie?
The fledgling investment bank has lofty ambitions and a high-profile roster of executives. But it also has plenty of competition for climate dollars.
- Ben Potter
New uni course gets executives match fit for net zero
The micro-credential course starting in May will fast track understanding of how to navigate carbon accounting, reporting and reduction strategies.
- Julie Hare
- Opinion
- Energy transition
The PM has made a silly billion-dollar bet on solar panels
The price of solar panels has plunged and overseas makers are going broke, making it even more puzzling why the government is making a $1 billion taxpayer bet.
- John Kehoe
March
Blood giant CSL works up $US1 billion-plus bond deal; banks mandated
CSL has a host of top-tier investment banks working on the deal, namely Bank of America, Citi, JPMorgan and HSBC.
- Sarah Thompson, Kanika Sood and Emma Rapaport
China at ‘fork in the road’ on reforms to boost demand
IMF head Kristalina Georgieva says the world is heading for subdued growth.
- Updated
- Joe Leahy
Bond investors braced for inflationary UK budget
Investors are concerned Jeremy Hunt may use the budget to try to rescue the Tories’ political fortunes ahead of a general election expected later this year.
- Aline Oyamada and Greg Ritchie
February
- Exclusive
- Rich List
Former Credit Suisse, HSBC bankers target ultrarich with new bank
Volans opens its doors in May. It already has 17 employees on its books and is in the process of applying for a banking licence.
- Primrose Riordan
January
Doubts mount over China’s steel, GDP data
Surprising statistics deepen scepticism about the official measures of activity in the world’s second-largest economy.
- Thomas Hale, Joe Leahy and Harry Dempsey
December 2023
Banks shed 60,000 jobs in one of worst years for cuts since GFC
Investment banks suffered a second consecutive year of plummeting fees as dealmaking and public listings dried up, leaving Wall Street trying to protect margins.
- Owen Walker
More pain to come for China’s economy
After a solid first quarter, investor and consumer confidence has wavered, as not only property but China’s export earnings have disappointed.
- Joe Leahy, Cheng Leng and Andy Lin