Recent Posts

UN should give refugees passports

The United Nations’ recent report that 200,000 Syrians have been displaced as a result of the Turkish-led military operation in the country’s northeast highlighted what many of us already knew: Syria is the worst human-rights catastrophe of the 21st century. In just the past two weeks, we have learned about more executions, beatings, and war crimes against civilians committed by ...

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HSBC’s ‘last man standing’ Assaf is on his way out

Samir Assaf, the head of HSBC Holdings Plc’s investment bank, referred to himself as the “last man standing” among his generation of peers in London. Last week, it was revealed that he’ll be leaving the post. It won’t be the last big change at the giant Anglo-Asian lender. Slowing global growth, declining interest rates, trade tensions and unrest in Hong ...

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Common sense wins in India’s bankruptcy case

Two- and-a-half years after the Indian central bank took the highly unusual step of directing banks to put 12 large corporate debtors into bankruptcy, the most closely watched of the “distressed dozen” cases has finally been resolved. With the Supreme Court in New Delhi clearing the decks for the sale of Essar Steel India Ltd., the Ruia family has accepted ...

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