The euro crisis is following a predictable path. The bills have increased greatly, and are being passed around in the hope the problems will go away.
Unfortunately the countries in trouble are spending too much and earning too little. That has to be tackled, as there will be limits to the patience and the amount of money the EU and the IMF can throw...
'Significant' Brexit transitional deal needed
Rosalyn Breedy, corporate and financial services partner at Wedlake Bell, says UK asset managers should tackle their operating models to develop financial firms fit for the 21st century.
Higher stakes and limited options
Will negotiate for transition period
Sandro Pierri joins as global head of client group