The $100 Trillion Bond Market’s Coronavirus Mayhem In 13 Charts

Hong Kong at this time remains one of the best offshore banking jurisdictions. Whereas Wall Avenue is setting record upon document, many observers are asking whether a monetary bubble may be on the cards. But do bubbles exist? In 2013, the Nobel Prize in Financial Sciences was awarded to 2 researchers with opposing factors of view: for E. Fama, bubbles do not exist as a result of the markets are environment friendly; for R. Shiller, bubbles exist as a result of human behaviours often deviate from rationality. Eswar Prasad, an economics professor at Cornell College, tells TIME that the outbreak could trigger multinational firms that had been already reassessing their provide chains, resulting from rising wages in China and trade battle tensions, to reduce their production footprints within the nation. He additionally sounds a stark warning.

Banks continue selling gender equality initiatives aiming to succeed in gender balance at all ranges. Female staff within the prime 15 EU banks counted for more than half of the full workforce in 2018. Alongside with sectors, part of the initiatives is to encourage board seats for female executives; the typical in 2018 was nonetheless under desired quotas (12.9{6b17707e448e34f54d6d1a9e433426abf2addbba8938cba1c35a09fc0ada7803}). A last bigger drawback can …