Salvatore Cantale

Jul 19, 2024 | imd.org | Peter Nathanial |Salvatore Cantale |Michael Skapinker |Richard Baldwin

The Swiss Federal Government recently issued its report on banking stability following the collapse of Credit Suisse, and the government’s intervention that led to its acquisition by arch-rival UBS.

Jul 3, 2024 | imd.org | Richard Baldwin |Salvatore Cantale |Suzanne de Treville |Susan Goldsworthy

Higher costs – but greater ESG authenticityThe new rules will have a double-edged impact on the value of EU-based acquisitions. The extra costs will tend to depress the value, but the enhanced environmental, social, and governance (ESG) credentials may make the complying companies more attractive to ESG-sensitive investors. The impact will not be the same for EU-based and non-EU-based acquirers. European buyers will have to apply the new rules in any case.

Nov 21, 2023 | imd.org | Michael Watkins |Salvatore Cantale |Arturo Bris |Peter Nathanial

The furor around OpenAI CEO Sam Altman being fired, and then finally reinstated, has brought into sharp focus the potential risks of allowing the leaders of the firms developing AI to make critical decisions about the future of a technology that may pose an existential threat to humanity.

May 24, 2023 | imd.org | Carlos Cordon |Peter Nathanial |Salvatore Cantale |Michael Watkins

Even so, some smaller suppliers simply don’t have the resources or expertise to report on their ESG performance, meaning that it can become necessary to produce estimates, creating uncertainty in locating the exact numbers. The lack of data reliability means that some well-intentioned organizations are afraid of reporting on the impact of their supply chains for fear of being accused of greenwashing. This is the case even when they appear to be performing well on ESG metrics.

May 2, 2023 | imd.org | Jerry Davis |Russell Napier |Misiek Piskorski |Salvatore Cantale

The 2008 financial crisis was followed by a mass exodus of investors from actively managed funds such as Fidelity into “passive” index funds such as those overseen by BlackRock, Vanguard, and State Street (the Big Three). For corporations listed in the most popular index –the S&P 500 – the results have been dramatic. In 2007, the Big Three owned seven% of the average S&P 500 corporation. Today they own 22%, and in some cases more than one third.