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Viewsroom

Viewsroom: Wall Street CEOs’ pay, Sea, Greensill

Viewsroom

Reuters

News

4.458 Ratings

🗓️ 4 March 2021

⏱️ 27 minutes

🧾️ Download transcript

Summary

A plague year for the world was a relatively rich one for the heads of Morgan Stanley, JPMorgan and Wells Fargo; Southeast Asian tech conglomerate Sea navigated choppy waters to a $127 bln market value; Greensill’s problems may not be systemic, but they’re worth watching. See acast.com/privacy for privacy and opt-out information. Learn more about your ad choices. Visit megaphone.fm/adchoices

Transcript

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0:00.0

Where do you find a clear signal in a world of static?

0:03.2

In a time of rapid change cut through the noise,

0:06.2

the economist goes beyond the headlines to decode the forces shaping today and defining tomorrow.

0:12.7

Get the full story.

0:14.1

It's more than news.

0:15.4

It's a trusted global perspective.

0:17.2

The economist know which way is up.

0:20.8

The views expressed on this podcast are those of the participants, not of Roiders' News.

0:30.7

Welcome to the Views from a weekly podcast brought to you by Reuters Breaking Views. I'm Rob Cox,

0:35.3

the editor of Breaking Views, coming to you from Connecticut in the USA. Well, this week is a bit of a magic carpet ride with three different

0:41.8

segments coming to you from our columnists in Melbourne, Hong Kong, London, and if you can believe

0:46.9

it, New Orleans, Louisiana. First, I chatted with our US editor, John Foley, who's working

0:52.3

out of the Big Easy this week because, well, why the hell not? He analyzed the pay packages of the bosses of the biggest American banks, including Morgan, Stanley, Goldman Sachs, and J.P. Morgan. His view is that bumper compensation during a year of the global plague is a pretty bad look. Whether that will lead to any sort of investor or political backlash, though, is, well,

1:11.1

to be seen. After that, I hand the mic over to Anthony Curry and Melbourne to chat with Sharon

1:15.2

Lamb in Hong Kong about C. Now, C is the Southeast Asian tech conglomerate you've probably

1:20.2

never heard of, but whose shares have quintupled in the past year, giving the Singaporean company

1:25.5

an eye-popping $127 billion market value.

1:30.3

After that, we wing back to London, where our European editor, Peter Thal Larson, talks to

1:35.3

Neil Unmac, about the demise of Green Sill Capital, the supply chain finance provider.

1:40.3

Now, the firm's ructions may not be systemic, but they sure offer a fascinating window into this obscure niche of the financial markets.

1:48.6

Give a listen.

1:50.8

Greetings, John Foley. Where do I find you on this fine afternoon?

...

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