James Moore: Some straight-talking sense from Davos
Your support helps us to tell the story
From reproductive rights to climate change to Big Tech, The Independent is on the ground when the story is developing. Whether it's investigating the financials of Elon Musk's pro-Trump PAC or producing our latest documentary, 'The A Word', which shines a light on the American women fighting for reproductive rights, we know how important it is to parse out the facts from the messaging.
At such a critical moment in US history, we need reporters on the ground. Your donation allows us to keep sending journalists to speak to both sides of the story.
The Independent is trusted by Americans across the entire political spectrum. And unlike many other quality news outlets, we choose not to lock Americans out of our reporting and analysis with paywalls. We believe quality journalism should be available to everyone, paid for by those who can afford it.
Your support makes all the difference.Outlook Earlier this week I highlighted how, despite constant whining, Britain’s financial services industry is doing rather well under the new, sterner, regulatory regime imposed since the financial crisis. The same is true globally.
So says no less an authority than Deutsche Bank chief executive Anshu Jain. It’s always nice to find oneself in such rarefied company. It’s equally welcome to see someone talking sense at Davos.
It’s just disappointing Mr Jain’s views are not more widely shared.
The Massachusetts senator Liz Warren recently highlighted how clauses written by banking lobbyists that weakened America’s Dodd-Frank reforms had been allowed to get into important spending bills via the back door. It is worth remembering here that while banks have benefited from more regulation, the rest of us have benefited even more and so there is a great need for vigilance. There should be no such backsliding on these shores.
Join our commenting forum
Join thought-provoking conversations, follow other Independent readers and see their replies
Comments