Neil Unmack is a Reuters Breakingviews columnist based in London. He covers credit markets, hedge funds, and Italy. Previously he was a corporate finance reporter at Bloomberg News in London. He started his career as a financial journalist in 2001 at Euromoney Institutional Investor, where he covered structured finance for EuroWeek magazine. He was educated at Eton College and Oxford University, graduating with a first class degree in modern languages. Follow Neil on Twitter @unmack1
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Central bankers, from the ECB’s Mario Draghi to the Bank of England’s Andy Haldane, want to revive securitisation - a change from regulators trying to kill it. That is a worthy goal when banks are shrinking, but it is tricky to achieve. And there is still a way to go.
Italy’s premier has pleased markets and voters with his choice of new managers for state-controlled companies. Female chairs reflect the mood for change, while promoting internal CEOs elevates industrial logic over political meddling. Renzi has avoided a potential banana skin.
The IMF’s latest shindig enabled ECB officials to promise action and talk down the euro. ECB chief Mario Draghi avoided euro breakup in 2012 just by pledging to act. He’ll find it harder to sort 2014’s bogeyman, deflation, without actually deploying aggressive monetary policy.
- Renzi's Senate reform could prove mission possible
- Asset managers are next too-big-to-fail headache
- Euro crisis 2.0 will need a new shock absorber
- Draghi remains conventionally unconventional
- Telecom Italia renewal has further to go
- Roman corporate governance purge could backfire
- Co-op Bank looking ever less cooperative