Over the next 20 years, what will be the most unexpectedly transformative technology? It’s a question that’s been asked of me more than once recently, and my counterintuitive answer is the automobile — and I am not referring to self-driving vehicles. Often innovation comes most strongly in basic, frequently used services, where the value proposition is already well established. So ...

Standard Chartered Plc Chief Executive Officer Bill Winters is going make a lot of shareholders, including its largest stockholder Temasek Holdings Pte, very happy. Having paid out a $1 billion fine for violating Iran sanctions, the bank had cleared the decks for buybacks to cheer disgruntled shareholders and boost its return on tangible equity. On April 29, the bank delivered. ...

The UK government’s decision to publish a job listing for the next Bank of England (BOE) governor has prompted speculation over who will replace Mark Carney and where he or she should come from. But the issue of when the next bank chief should be expected to step down from the role is just as important. Philip Hammond, Chancellor of ...