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Malta updateIn January, Malta's prime minister set out his ambitious vision to make Malta the most UK-friendly country in Europe post-Brexit, promising the 13,000 Britons already living on the island a special status and guaranteeing a warm welcome to others that might follow.
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CoCo Bonds, Clawbacks, and Credit Suisse. What next for private investors and sovereign funds?The various scandals, rumours, and half-truths have made the financial markets jittery, and the fever with which information spreads, particularly bad, results in panic, even if unwarranted. It is without question that the SVB (Silicon Valley Bank) and Signature bank collapses had a critical impact on the trust in banking and whether people believed Credit Suisse could sustain that. Swiss sentiment said “It’s about time that a government has the intent to do the obvious, which at least means clawing back the misallocated “rewards” for bad management.”
Apr 26, 2023Read More