This report analyses the development of EU capital markets since the conception of the capital markets union initiative and shows that while steady progress has been made at an overall EU level, growth has been patchy and there is still a lot of work to be done in individual member states.
We’re delighted to be joined by Nicolas Véron, visiting fellow at Bruegel and a senior fellow at the Peterson Institute for International Economics in Washington to discuss our latest report. Nicolas is extraordinarily-well plugged in to both EU and US policy circles and will be sharing his unique insights and perspective on all things capital […]
CMU is one of our favourite topics at New Financial and is a core part of our work. The event comes a few weeks before the Commission is expected to publish its latest action plan for the next phase of CMU. The HLF published an excellent report in June with more than 30 recommendations in […]
This report shows that capital markets have a vital role to play in supporting the UK economy through the Covid crisis and driving a recovery. The report identifies 1,000 large UK companies that use the capital markets to support their day-to-day business, raise capital, or manage their risks. These companies employ nearly six million people in the UK and represent nearly 90% of UK firms with revenues of more than £200m.
How the industry responds to the Covid crisis and how it behaves in the next few weeks and months will define its relationship with government and society for the next decade. *But* it will be vital in the coming months that the industry demonstrates a clear sense of purpose and avoids the mistakes and behaviours that […]
Senior dinner with (Lord) David Willetts to discuss the punchy new edition of the former Cabinet minister’s book ‘The Pinch: how the baby boomers stole their children’s future – and why they should give it back’ with a particular focus on how the financial services industry can help address this challenge.
How to improve productivity in the real economy by addressing short-termism in the capital markets with Pension Insurance Corporation
The breakfast is the latest in the Purpose of Finance initiative on which we are collaborating with Pension Insurance Corporation. We hosted a very successful dinner in October 2019 to discuss a working draft of the paper (I’ve attached a summary of that discussion). This breakfast will focus on concrete and practical recommendations to address […]
The breakfast follows on from our report last month on The Crisis of Capitalism which pulled together in one place why so many people are so angry with capitalism, bankers, big business and the elite, and what we can do about it. Few sectors of the economy have been blamed more for fuelling popular anger […]
The future of UK capital markets – with Richard Knox, director of international financial services at HM Treasury
With the clock ticking down to Brexit on 31st January, the this dinner will address some of the key questions facing the banking and finance industry in the coming months and years, including: The future of global capital markets and the UK’s potential role The future relationship between the UK and the EU in financial […]
This report analyses the progress made by the capital markets union project so far, underlines why Europe needs more capital markets – and why it needs more integrated capital markets. It outlines a more ambitious and more focused roadmap for CMU over the next few decades that combines ‘top down’ initiatives at an EU level and ‘bottom up’ initiatives at a national level to build bigger and better capital markets.