Bonus season might see traders lose out again
Sales and trading businesses of banks have a structural problem in claiming share of incentive pool
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European banks offer investors sweeteners as rally fades
Executives brace for more challenging period ahead as interest rates fall
The liquidity curse for investors
Instant ability to trade tempts many to make bad decisions
European banks poised for €30bn interest income rebound
Loan growth and hedging help bolster banking sector profitability
Short rates have overshot
Plus the social media lawsuits
There is method in the market’s madness
But it relies on a host of rosy assumptions going in investors’ favour
We must be mindful of the risks of private credit
The sector remains untested in a severe or prolonged economic downturn