A man you can trust?
Ysbrand Cosijn
Perhaps surprisingly, men spend more money after being romantically rejected while women do the opposite.
In the spotlight: Kids Company CEO Camila Batmanghelidjh.
Dominic Lipinski / PA Wire
Reports of Kids Company’s good deeds were heeded over its financial viability – with disastrous results for the charity in the long run.
Reflecting on flood insurance
TruckinTim
Insuring the most at-risk homes should become easier after April, but the latest deluge makes the new scheme look fragile.
epSos.de
Do innovations like PayPal, Square, Apple Pay and Bitcoin spell the end of cash? How different countries are adopting new forms of financial tech.
Closed for business.
REUTERS/Li Sanxian
The Shanghai composite index is proving to be one of the most volatile markets in the world and government regulation is having some unforeseen effects.
Crowded market.
mic wernej
The democratisation of finance isn’t going quite to plan.
The OECD is seeking to limit finance for coal power.
Coal image from www.shutterstock.com
Australia is reportedly blocking a deal to limit coal power finance in developing countries.
Helpful or captured?
Image sourced from Shutterstock.com
Financial journalism standards have been declining, and with each new financial downturn the public has been ill served.
Guilty.
EPA/Facundo Arrizabalaga
Convicting individuals of wrongdoing is important but only a culture change in the financial sector will stop future crimes.
A dragon market?
Jason Reibold
For all its muscle, the Chinese government could make the problem worse by intervening in the stock market.
GE’s shift away from finance may mean more focus on other products, such as jet engines.
Jet engine via www.shutterstock.com
GE’s push into finance nearly crippled the company, just as the broader US shift in that direction almost collapsed the global economy.
In bank stress tests, what’s worse: runs or lemons (the other kind)?
Lemons via www.shutterstock.com
US regulators chose to reveal detailed information to the public about the state of the banks. They were able to be so transparent, without triggering a run, because of a strong fiscal backstop.
The Export-Import Bank provides financing and other services to help foreign companies buy US products like Boeing’s 787 Dreamliner.
Boeing 787 via www.shutterstock.com
The more than 80-year-old credit agency is set to expire at the end of the month if Congress does not act to keep the profitable bank alive.
An economic experiment in the making.
ITV/Endemol
A Deal or No Deal-inspired experiment shows people act with excessive caution when they’re in the limelight.
The FDIC sold nearly 500 banks in the financial crisis, losing $90 billion in the process.
Water bank via www.shutterstock.com
The FDIC – and taxpayers – lost US$90 billion selling almost 500 failed banks. Where did all those banks go?
Rigged.
www.vpsi.org
The culture of foreign exchange market has changed significantly, but problems persist with the market that make it susceptible to further transgressions.
The view from Wall Street.
Big banks via www.shutterstock.com
Looking back at how the US financial industry grew to dominate the economy rather than merely serve it will help us avoid another crisis.
A square deal for the Square Mile.
Michael Garnett
Scandals at some of our biggest companies have highlighted a painful truth. The voluntaristic governance system put in place by City elites simply doesn’t work.
Will the dollar prove a draw for Islamic investors?
Reuters
Financial assets compliant with sharia are growing at a much faster pace than the conventional kind, yet North American banks are still stuck on the sidelines.
Push and pull factors. How bankers lose direction.
dayna mason
If we keep saying high finance is operating in a morality vacuum, we will miss the chance to understand and fix its problems.