The Weak Are Getting Found Out in Banking | In The City
March 30, 2023
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27:36Now PlayingThe Weak Are Getting Found Out in Banking | In The City
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as posted by the channelJim O’Neill, the former UK Conservative minister and Goldman Sachs chief economist, says he doesn’t miss being in banking. And no, he wouldn’t accept an offer like we saw with Sergio Ermotti returning as chief executive at UBS. But when asked on this week’s episode of In the City whether he can explain what’s happening in the industry right now, he’s got some ideas. He also weighs in on the race to buy Manchester United, questioning whether the football club is worth its more than £4 billion price tag.
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Is London having another moment? Shaken by Brexit, decimated by the pandemic, threatened by new ways of working and a worsening cost-of-living crisis, the city remains Europe’s (and arguably the world’s) beating heart for finance and for culture. In the wake of turmoil, The City of London is reinventing itself. Every week on In The City, Bloomberg’s Francine Lacqua and David Merritt go behind the scenes in the Square Mile and the wider metropolis, uncovering the stories and speaking to the people that matter.
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