Credit Suisse Group AG’s poaching of Dixit Joshi from Deutsche Bank AG to become its new chief finance officer means the Swiss bank now has outsiders in three top executive roles. They all have plenty of experience fixing problems in their former roles. The new leadership team should have the cool ruthlessness to make unbiased decisions about what Credit Suisse ...

  Every week, the people who trade electricity in the UK get to quiz the managers of the national grid for an hour. The conference call, which anyone can monitor, offers an insight into what the men and women on the front line of the power market are worried about. Listening to them is getting scarier by the week — ...

  The United States government will find out soon enough what “moral hazard” means. Clearly it does not know already, or President Joe Biden would not have announced that his administration would forgive US student debt worth around 1.6% of GDP. It’s natural to ask, as critics have, whether the new policy is fair. Should regular taxpayers subsidise those who ...