Decarbonization: What role do banks play? Banks play a central role in the global economy, channeling trillions of dollars in capital to businesses and industries. Historically, this has included substantial financing for carbon-intensive sectors like energy, mining, and heavy industry, which are key drivers of greenhouse gas emissions. Today, banks face the dual
Different types of AI: Super, narrow, & general Many people assume that AI refers to a machine intelligent enough to perform any intellectual task as well as, or better than, a human. In reality, we are not yet at this point. The concept and evolution of AI can actually be viewed as encompassing
Clean vs. renewable energy: What’s the difference? While there is significant overlap between “clean” and “renewable” energy, they are not exactly the same. Clean energy does not release any greenhouse gases or pollutants into the atmosphere. Renewable energy, meanwhile, is defined as energy that comes from resources that are constantly replenished and never
Three-statement modelling explained in three minutes This content is taken directly from Intuition Know-How, the world's premier digital learning solution for finance professionals. The three-statement model is a cornerstone of investment banking and forms the basis for much of the research carried out by analysts right across the financial sector.
Tariffs return: What history tells us The election of President Trump and his use of trade tariffs as a central economic policy tool has reignited debate over their broader economic implications. The White House contends that these "reciprocal" measures are fully justified on the basis of the trading practices of major trading partners
The debate over index concentration The meteoric rise of US mega-cap technology stocks over the past 15 years or so has led to an extraordinary level of index concentration. The combined weight of the five largest stocks in the MSCI World Index has surged from around 6% in 2015 to 20% today, while
Recessions: Causes and government interventions In most countries, most of the time, the economy expands, propelled by population growth and productivity improvements. However, from time to time, the economy enters recession. Recessions have many negative consequences for households, businesses, and markets. There is no single definition of a recession. A recession is often
Mastering trade finance: Credit, negotiations, & risk International trade creates risk for trading parties relating to uncertainty over the timing of payments between exporters and importers. For instance, an exporter often has a cash flow shortfall when it provides trade credit to an importer. This is because payment is not received until some
Nonferrous metals: Indispensable business materials A nonferrous metal is an alloy or metal that does not contain an appreciable amount of iron in its chemical composition. There are many metals that fall into this definition, but only a few of these metals are traded on exchanges. We can split these traded nonferrous
What are green bonds? As interest in environmental, social, and governance (ESG) issues has grown, the market for green bonds and other green assets has expanded rapidly. Today, this market includes a wide range of green debt instruments and new asset types are emerging regularly. However, a lack of universal global standards for
