The Last Word 7:07am

The divine right of the imperial CEO

John Plender evaluates a pre-crisis board at a post-crisis bank

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Learning from co-operatives such as Spain's Mondragon could help drive reform of excessive executive pay ©AFP/Getty
Massive financial incentives do not attract the best talent, and may even harm business
Cash-rich Middle Eastern sovereign wealth funds are avoiding investing in property and infrastructure projects ©Bloomberg
Cash-rich Gulf funds are avoiding property and infrastructure
FTfm comment illustration 25 May 2013 7:06am

‘Lax’ Luxembourg defends regulation

Grand duchy denies lapses in supervision, finds Chris Newlands

The Netherlands accounts for 80% of fiduciary management assets in Europe ©Dreamstime 6:45am

UK fiduciary management should go Dutch

Dutch pension funds have much experience of this approach

6:38am

Retail investors creep back into market

Stock markets are up, but no evidence of ‘great rotation’

View from the US May 24, 2013

The dismal science of Baltic bubblenomics

John Dizard considers the success of ‘austerian’ policies

The Last Word May 19, 2013

Bad governance is not mutually exclusive

James Mackintosh does not believe mutuality cures commercial ills

FTfm cartoon May 18 2013 May 19, 2013

Yesterday’s stars are today’s crooks

Chris Newlands considers the rise in arrests for insider trading

'Fair game': depositors in Cyprus are being treated as regular creditors and taking substantial losses ©Getty May 19, 2013

Credit investors heed Cyprus precedent

Time will tell if extreme solution will be used in Europe again

Old-school managers, epitomised by the likes of George Soros, made big, fundamentally driven bets and were prepared to withstand large profit and loss swings ©Bloomberg May 19, 2013

RoRo your boat gently down tourist macro

Could macro hedge funds return to form in 2013?

View from the US May 17, 2013

Fed hints at financial Heimlich manoeuvre

John Dizard wonders if authorities will act if markets choke

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