Yunus is creating another new financial model to include the poor in global capitalism – and still more models are needed.
Latest articles from Leaders
Robust review should be used to stem panicked policy responses
March 4, 2008Jumpy governments should not be allowed to tinker with economic policies at times of crisis without a review of the potential effects.
Assessing Northern Rock’s damage to the UK
February 4, 2008A string of problems would result if the UK government decides to take the nationalisation route to digging the troubled bank out of trouble.
Sovereign wealth fund rescue puts Citigroup in recovery position
February 4, 2008Bellwether Citigroup may have plugged the holes in its capital after its unacceptable fourth quarter performance, but how many other financial institutions will show the same resilience?
Is SWF investment a sign of global structural change?
January 2, 2008Emerging markets used to suffer from Western crises. Now they help to solve them by pouring capital into the system.
Central banks’ action is welcome but long-term rethink is needed
January 2, 2008The unprecedented action by five central banks in response to the credit crunch is only a short-term solution to the problem.
M&A market oblivious to hostile climate
December 1, 2007A range of exciting mergers and acquisitions are proceeding among banks unaffected by subprime concerns.
Regulations caught red-handed in search for subprime crisis culprits
December 1, 2007Bank rules are a key reason behind the upset in financial markets and the advent of Basel II will do little to improve the situation.
A poisoned chalice for new UBS chief?
November 5, 2007Marcel Rohner, the incoming UBS CEO, is inheriting all kinds of problems, most of which are not of his making.
Tables turned as capital flies to ‘safety’ of emerging markets
November 5, 2007For now, emerging markets bask in glory as they poach quality moniker from ailing developed markets – but a bubble looms.