Antony Currie has more than a decade of experience as a financial journalist, having worked with Euromoney since 1996, most recently as a US editor. He has worked on assignments in the major financial centres of Europe and the US and written stories on capital markets, global economies and the investment banking industry. He holds a bachelor's degree in German language and literature and a master's degree in politics and international relations from the University of Bristol. Follow Antony on Twitter @AntonyMCurrie
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Reducing carbon dioxide emissions and hitting other sustainability goals will cost trillions of dollars. But it should spur growth and jobs and create the higher-yielding, long-term assets investors crave. Policymakers, though, need to follow through on their pledges, too.
A dearth of closed deals hit Q1 revenue for most advisory shops. The likes of Lazard and Greenhill are justified in expecting a fairly quick recovery. BofA, Goldman and larger peers, however, need interest rates and trading volume to rise. For them, the crystal ball is cloudier.
Treasury chiefs are typically remembered for their roles in crises, or not at all. Lew entered a budget wonk, but will leave as the man who put abolitionist Harriet Tubman on the $20 bill, among other currency changes. It’s a more lasting contribution than curbing M&A inversions.
- Goldman staffers pay for wrong-footed bosses
- Goldman Q1 leaves pickup strategy in question
- Morgan Stanley growth plays 2016 version of Godot
- Mike Corbat now entangled in banking Catch-22
- Bank of America can use more self-help
- Wells Fargo at risk of losing its edge
- JPMorgan's sprawl only helps so much