Culture clash: Why banks need to rid themselves of culture-by-consultancy GUEST ESSAY Retail and investment banks are under scrutiny like never before - and culture is on the frontline, argues City lawyer Barnabas Reynolds
Profit not process: How our banks grew too bureaucratic for their own good GUEST ESSAY Judgement is being impaired by bureaucratic process, write two of the City's foremost lawyers
How changing a single risk measure could give banks the freedom the economy needs GUEST ESSAY In this guest essay, three of the City’s sharpest minds lay out a route for our biggest lenders to get their risk appetite back Since the global financial crisis of 2007/8, banks have been less able to lend to the real economy. Much of their traditional financing activity has been displaced into the more lightly [...]
A legal puzzle: How to solve the post-Brexit Northern Ireland border July 12, 2023 Barnabas Reynolds is a partner at Shearman & Sterling LLP and the co-author of Mutual Enforcement, a recent publication by Centre for Brexit Policy. In this guest essay he makes the case that the UK can only solve the Northern Ireland border issue by drawing up an entirely new solution. It is sometimes possible to [...]
A rich tradition of English law has always kept our EU rivals on their toes November 24, 2021 It’s the economy, stupid, was the refrain coined by James Carville to help Bill Clinton win his 1992 presidential campaign. The US was experiencing an economic recession and the incumbent president, George HW Bush, was seen as out of touch. Yet the levers for prosperity are few in number. The main ones are tax rates, [...]