Category Archives: Introductions and Background Notes

Meilin, you didn’t say goodbye

Dear Meilin,
When I heard the news, my first instinct was to text you. This is a bad joke to start the year with, and a quick reply from you would have got that out of the way. We had half … Continue reading…

Postcard from Geneva – the @SIBOS that didn’t change #SWIFT…

I do apologise for taking a while to write after SIBOS 2016, the annual conference of #SWIFT, the global messaging platform. I had to spend a few days putting my finger on the key takeaways at this annual jamboree of … Continue reading…

1MDB and the single-handed destruction of a nation’s institutions

I thought that the Sarawak Report http://www.sarawakreport.org/ has the most comprehensive account of the blow-by-blow hard evidence being provided by the US Attorney General's office in substantiating their allegations in the 1MDB scandal. I think the time has come for … Continue reading…

Postcard from Ethiopia

I spent a week in Ethiopia last week, as part of the process by which I am piecing together my own understanding of Africa. Partly, as I extend my business into the continent. Partly, as I build my own understanding … Continue reading…

The future of the Renminbi can only start in Beijing

Recently, I have become very dependent on how Chinese premier Li Keqiang thinks and acts.
He is concerned to put in place the market infrastructure to help China tackle the challenges he will face in the next phase of its … Continue reading…

If I read China’s latest liquidity crisis right…

The manner in which the banking liquidity crisis currently underway in China is being reported and discussed worldwide by the media, analysts and very respected academics, as an attempt “to teach banks a lesson” baffles me. There is no central … Continue reading…