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To improve gender balance in finance, tie targets to pay

The Women in Finance Charter, an initiative from the UK Treasury to improve gender balance in the finance industry, just released its first progress report. Frankly, it makes for depressing reading. But there’s a glimmer of hope in one of the remedies it proposes. Signatories to the charter include asset management firms such as Schroders Plc, banks like Barclays Plc, ...

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The worldwide population bomb has been defused

Some of the most spectacularly wrong predictions in history have been made by those who claim that overpopulation is going to swamp the planet. Thomas Malthus, a British economist writing in the late 1700s, is the most famous of these. Extrapolating past trends into the future, he predicted that population growth would inevitably swamp available food resources, leading to mass ...

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Saudi tweaks loan deposit policy to allow more lending

DUBAI / Reuters Saudi Arabia’s central bank has instructed banks to change the way they calculate their loan-to-deposit ratios, giving greater weight to long-term deposits in order to permit more lending, according to a report on the Maaal financial news website. The new rules, set to come into effect in early April, will introduce a weighting system for calculating a ...

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