At the heart of New Financial is a managed programme of private dinners, briefings and workshops. We provide a private forum for senior individuals with different perspectives from across the industry – investors, issuers, banks, and government – to work together to address common challenges.
The financial services industry is all about numbers, yet few firms apply even a fraction of the analytic rigour to their people data compared to their product and market data. In this second event in ourRadical Actions series of ideas we think could radically shift diversity outcomes, we discuss our forthcoming thought paper on why […]
Few countries are as closely bound the to the EU without being part of it as Switzerland. Since Ambassador Fasel spoke at a New Financial dinner last year, the Brexit quagmire has deepened and tensions in Switzerland’s own relationship with the EU have increased and spilled over into the withdrawal of equivalence for Swiss stock […]
The dinner is the latest in the Purpose of Finance initiative on which we are collaborating with Pension Insurance Corporation, and the discussion will focus on a working draft of an upcoming research paper that explores the concrete impact on the real economy – mainly in the form of reduced productivity growth – of short-termism […]
A private breakfast with Sébastien Raspiller, head of financial services at the French Treasury, to discuss ‘The future of capital markets union’. Some of the key topics for discussion will include: The progress made over the past few years by the capital markets union initiative The main barriers to further progress of the CMU project […]
The diversity and inclusion landscape has shifted significantly, with diversity and inclusion itself becoming a boom industry. However, this professionalisation of D&I has not (yet) translated into significant change across the financial services industry. We ask: why? And what needs to be done differently to drive improvement, and quickly? This is the first event in […]
Diversity and ESG are evolving from a ‘nice-to-have’ to a strategic imperative for business and finance. At this roundtable we will discuss our forthcoming thought paper looking at why, where and how diversity is following in the trajectory of ESG both as an investment theme and how it is integrated into how business is run […]
This dinner continues our series of events with European policymakers to discuss the different EU perspectives on the future of capital markets post-Brexit. Burkhard Balz is a member of the Executive Board of the Deutsche Bundesbank. From 2009 until 2018, he served as Member of the European Parliament and was an active member of the […]
Over the past decade, politics around the world has been turned on its head by the rise of populism, a collapse in trust in the traditional social and political order, and a growing ‘crisis of capitalism’. Elites in western democracies have struggled to understand and respond to what has been driving this fundamental shift, often […]
Depending on your view, CMU is either an ambitious project to map the challenges facing capital markets in the EU and lay the foundations for further growth in the decades ahead – or a missed opportunity for reform that avoids the difficult questions and that will do little more than tinker at the edges of […]
This dinner that we are hosting with Huw van Steenis will focus on the forthcoming report on ‘The future of finance’ that Huw is working on for Bank of England Governor Mark Carney. Huw was appointed last year as a special adviser to Governor Carney and as part of that role he is leading a […]
We are excited to be hosting Sam Friedman, an Associate Professor in Sociology at the London School of Economics, to talk about his latest research and new book demonstrating the existence of a powerful class pay gap, as well as exploring the complex barriers to career progression for those from less privileged backgrounds. https://www.classceiling.org/
Rolling out unconscious bias training is a top three (if not the top) action point according to our research on the Women in Finance Charter and Gender Pay Gap reporting. But how effective are unconscious bias training programmes? Recent reports from Harvard Business Review and Government Equalities Office reports questioning their impact. This breakfast is […]
This private breakfast with Juan Solé, senior London representative in the IMF’s markets division, will focus on European financial stability in light of the latest IMF global financial stability report due to be published in a few weeks. Juan and his team ran the analysis and wrote the European section of the report, and this […]
Pay is the ultimate incentive for financial services. How are companies bringing diversity and culture criteria into how staff get paid? We know that the linking gender diversity targets to pay is the most controversial of the four principles of the HM Treasury Women in Finance Charter, so how are the mechanisms for incorporating these […]
This private dinner with Elizabeth Corley, Senior Advisor at Allianz Global Investors, will focus on discussing the work of the implementation taskforce on growing a culture of social impact investing in the UK. The taskforce was commissioned by the Prime Minister in March last year to drive forward the recommendations that an advisory group led […]
Our next policy breakfast will see the launch of our latest report on the ‘great leap forward’ in EU capital markets that we’re publishing next month. This is our fifth annual report on the capital markets across the EU and it provides a unique benchmark for each sector and country, analyses how the size relative […]
Diversity is increasingly mentioned as a means to reduce or mitigate risk – risks such as access to potential talent; incremental competitive advantages in winning new business; minimising legal, cultural, behavioural and reputational risk; and applying cognitive diversity to improve financial performance and minimise financial risk. But what does that mean in practice? This breakfast […]
This event’s focus will be Philip’s fascinating recent book ‘The Bank That Lived a Little: Barclays in the Age of the Very Free Market’. The book is a parable of global finance and markets over the past 40 years as viewed through the lens of the transformation of Barclays from the 1980s onwards from a UK […]
HM Treasury in collaboration with New Financial present the launch event of the second Annual Review of the HM Treasury Women in Finance Charter, hosted by the City of London Corporation. This is an opportunity to gain insight into the progress of Charter signatories, celebrate successes, discuss best practice around the principles of the Charter, […]
A high-level dinner to discuss the working draft of our upcoming paper on ‘The purpose of stock exchanges’. The paper tries to reconcile the huge increases in liquidity and efficiency of equity markets over the past few decades with a structural decline in new issuance and the number of listed companies – and includes some […]
While culture and diversity have moved up the agenda of the financial services industry for similar reasons, most firms treat them as distinct issues with discrete initiatives and separate reporting lines. Our analysis finds diversity and culture are closely interconnected and that a more holistic approach to both would yield better – and faster – […]
This event’s focus will be Jesse Norman’s fascinating recent book on ‘Adam Smith: what he thought and why it matters’. In the context of debate over the ‘crisis of capitalism’, this will be one of the most interesting and challenging discussions that we host this year and we have invited a senior and wide-ranging audience […]
The event will take place just as we reach crunch time in the 2nd round of reporting cycle and will focus on what has been learned from the first round of reporting, actions being taken to address the pay gap, as well as reflections on internal and external reactions to the report. This is an […]
Luxembourg may have a population smaller than Birmingham (with just 600,000) but it is at the heart of the EU and a key international financial centre for funds, private banking and insurance. It has been actively pitching to win business forced to relocate from the UK as a result of Brexit. Ambassador Olinger will lead […]
Jes Staley, group chief executive at Barclays, will discuss the implications of our recent report on The Impact of Capital Markets on People’s Everyday Lives, as viewed through the lens of the economy of the North West of England (in case you missed it, you can download the report here). Jes will talk about why politicians, […]
We interviewed Wendy for our groundbreaking 2017 research, Diversity from an Investor’s Perspective, and are very excited to be hosting her for an event series with New Financial members. Wendy is fiercely passionate about the importance of diversity to everyday business, economic development and wider society, and has a broad view of the diversity agenda […]
Ireland has been front and centre of the Brexit debate with a the Irish border proving to be one of the most challenging issues to overcome. The financial sector in Ireland is closely linked to the City and the UK, and Dublin has been one of the most popular destinations for firms in the UK […]
This breakfast event is part of our series on the European perspectives on Brexit that has included recent discussions with the Belgian, Swiss and Dutch Ambassadors, and senior policymakers from BaFin and the Bundesbank. In the next few months we’ll be hosting the Central Bank of Ireland, the Luxembourg Ambassador, and the French Treasury. Poland […]
As the UK enters the final stages of the Brexit negotiations, we are delighted to welcome Nicky Morgan, MP for Loughborough and chair of the Treasury Select Committee, to share her perspectives on ‘Brexit: the future of regulation & the future of the City’. As a prominent ‘Brexit rebel’ and former Treasury minister, Nicky has a […]
This is the latest in our series of Brexit events focusing on the perspective of the rest of the EU. With the clock ticking on the final stages of the Brexit negotiations with the EU, we are delighted to welcome back Kay Swinburne MEP to discuss ‘Brexit: the view from Brussels’. The discussion will focus […]