Member Views

Filling the Global ESG Gap Before It’s Too Late

BWC member Mahesh Kotecha gave remarks recently on the United Nations General Assembly sidelines.

He said "we must encourage faster professionalization, disclosure and use of the GEMs database especially by the rating agencies and investors."

Financialization has increased economic fragility

The Bretton Woods Committee is pleased to Member Spotlight Hung Tran and his recent article in the Atlantic Council titled "Financialization has increased economic fragility."

According to the article - "Since the 1980s, financial activities and assets have played an increasingly dominant role in the global economy. At the same time, underlying economic activity as measured by global GDP has been growing more slowly. The result has been an ever-larger gap between the volume and value of financial activity relative to the real economy."

Fintech startup adds more execs, formally launches banking platform

St. Louis-based Neocova announced Tuesday the “official launch” of its core banking platform, marking another step in the startup’s rapid growth this year.

Five Steps to Stop the Next Run on America’s Banks

If bank executives' compensation "shifted away from cash and equity toward subordinated debt that they had to hold for several years, they would be less inclined to take the kinds of risks that could lead to failure," says BWC chair Bill Dudley.

Former Citi Chair Rhodes on Threats to Global Recovery (Radio)

"Banker to the World" Bill Rhodes, former Chairman of Citibank and President and CEO of William Rhodes Global Advisors, on the threats to the global recovery. Hosted by Paul Sweeney and Matt Miller.

Fourth Biennial Lecture on Climate Change by the OECD Secretary-General

Angel Gurría is the Secretary-General of the OECD and a contributing author to the Bretton Woods@75 Compendium.

Fragmentation and Resiliency Will Be the Centerpieces of the International Order

Mark R. Yzaguirre is Senior Associate General Counsel and Associate Vice Chancellor for Legal Affairs at the University of Houston. Opinions solely his own. This blog is part of a special series on the coronavirus.

From Poverty to Empowerment: Raising the Bar for Sustainable and Inclusive Growth

BWC member McKinsey Global Institute published new research that looks at what it would take to raise minimum living standards and get on a net-zero path—in this decade.

They assesses the extent to which accelerated growth and innovation can further these ambitions.

Future of Finance: Banking Culture & Conduct – Why it Still Matters

This episode of “A look into the Crystal Ball on the Future of Finance,” features William “Bill” Rhodes, Former Chairman & CEO of CITIBANK, and current President & CEO of WILLIAM R. RHODES GLOBAL ADVISORS, and Dr. Stuart P.M. Mackintosh, Executive Director of the GROUP OF THIRTY. In this high-level conversation, you will hear about the everchanging banking culture & conduct landscape on both sides of the Atlantic, and how financial institutions must adapt to incorporate new challenges, such as climate change, crypto, and digital currencies, in their culture & conduct operations.

Future of Finance: The Power of Central Banks

This episode covers the power and influence of central banks, both on the Economy, as well as, on foreign policy. This includes the concerted action by the global financial markets to put pressure on Russia over its attack on Ukraine, and the role and options that central banks have to enforce peace.