A decade on, banks in some major economies have largely recovered from the global financial crisis (GFC). In others, however, legacies of bad assets continue to clog the banking system, stalling the engine of economic growth. The reasons for this divergence lie largely in the differing approaches governments took to recapitalising their banks after the crisis...

At last night's FOMC, Jerome Powell explained that "the normalization of the size of the balance sheet would be completed sooner" and that the Fed would now "evaluate the appropriate timing for the end of balance sheet reduction”. We briefly explain why below.

The Solactive ISS ESG Screened Index Series aims to track various size and regional segments of the global capital markets, such as Japan, the United States, Europe, and Developed Markets, including only companies that have a record of low involvement in controversial areas, according to market standards on ESG controversy screens.

ETFGI reported that Environmental, Social, and Governance (ESG) ETFs and ETPs listed globally gathered net inflows of US$679 million during December.

As part of Varma's updated Principles for Responsible Investment, climate change has been given more weight and emission-generating industries are subject to enhanced monitoring.