The Future of Banking

Munich, 16 October 2013 – There is currently a high level of uncertainty on the international financial markets, due to the budget dispute in the USA surrounding the proposed raising of the borrowing limit. The markets are waiting with bated breath to see whether the Democrats and the Republicans will be able to agree on raising the debt ceiling, which currently stands at just under 17 trillion US dollars. The key question for investors is whether the USA and other countries will be able to pay back the debts they have taken on or whether, as in the case of the debt cut in Greece, they can expect to see losses on their investments. A recent study based on sustainability rating agency oekom research’s country ratings shows that sustainability ratings are a reliable indicator of countries’ solvency and that taking sustainability ratings into account allows investors to make a better assessment of the overall risks.

The Apple Card is due to launch soon with the help of Mastercard and Goldman Sachs. But why has Apple ventured into the financial sphere? Companies like Apple and Facebook have advantages over traditional banks due to the multiple touch points they have with their clients.

Academics from Henley Business School including Professor Adrian Bell and Dr Miriam Marra share their thoughts on the recent General Election.