Paul J. Davies

Bloomberg News

JPMorgan Jumps to the Rescue at First Republic — For a Price

By: Paul J. Davies

The weekend deal hasn’t come cheap for anyone, something policymakers need to keep in mind as they debate the latest response to this mini banking crisis.

Bloomberg News

HSBC Pivots Away From Asia at Just the Wrong Time

By: Paul J. Davies

Big revenue contributions from the UK and France muddy the waters about the bank’s strategy.

Bloomberg News

Profitability Was the Next Shoe to Drop at Banks Like PacWest

By: Paul J. Davies

The lender doesn’t share the problems faced by Silicon Valley Bank or First Republic, but pressure on its net interest margins could be as deadly.

Bloomberg News

Why BNP, UniCredit and Other European Banks Aren’t Stressed Out

By: Paul J. Davies

Financial institutions in Paris, Frankfurt, London and Milan aren’t seeing contagion from the US banking turmoil.

Bloomberg News

What Warren Buffett Can Teach Billionaire Bankers and Depositors

By: Paul J. Davies

It's not time to guarantee everyone's cash yet.

Bloomberg News

UBS’s Sweet Deal for Credit Suisse Is Looking Even Sweeter

By: Paul J. Davies

The failed bank’s assets aren’t as bad as some analysts and investors feared — and that is a big win for UBS

Bloomberg News

Deutsche Bank Puts Epstein Spotlight on JPMorgan

By: Paul J. Davies

German lender settled with Epstein’s victims for $75 million.

Bloomberg News

SVB Pay Clawbacks Are Just. Now Try Collecting the Money.

By: Paul J. Davies

Senators hurled insults at the failed bank’s ex-CEO, but financial penalties are unlikely.

AFR Smart Investor

Gorman’s humble steps made Morgan Stanley great

By: Paul J. Davies

Progress has been consistent and free of the volatility of its great rival Goldman. Shareholders have been rewarded and bid up Morgan Stanley’s stock price.

Bloomberg News

Libor Scandals, Credit Suisse and the Value of Transparency

By: Paul J. Davies

Financial authorities need to be accountable for their actions.