We think it's good compensation for the injuries that occurred to our clients, they are settlements that we think reflects the city’s realization that they were very much liable.

Mark Taylor

Categorized in : US News

There was a consensus view on Ericsson that maybe they've disappointed on the margins which was holding people back, but there's a lot of demand to get into the 5G theme, and Ericsson's probably the biggest, most liquid name in Europe to play that theme.

It's very quiet Monday. Apart from a few earnings catalysts through the week, it looks like people are just largely sitting on the sidelines.

I don't know if I can go back to New Zealand, but at the end of the day it's really something I have to live with for the rest of my life.

Once senior executives feel they are personally at risk if the culture doesn't change, and individual traders feel they are at risk of being put in prison, then you'll get a culture change.

Some things have changed, but I'd be pessimistic of a complete shift in culture without more measures being taken.