HSBC paid senior executives millions in bonuses for achieving RWA reduction targets. But how much was the result of their efforts?
S&P 500 companies have $2.4 trillion of cash and investments which may soon be repatriated back to the US as a result of tax reforms. We visualise the size of this cash pile relative to market cap.
Just over two years ago, I took a train from Berlin to Wolfsburg, to visit a senior executive at Volkswagen.