Europe has the resources it needs to recover from this crisis

The victory of the Brexit camp in yesterday’s referendum - which came with a high participation rate and a relatively low majority (52% vs. 48%), but nevertheless stronger than recent polls had led us to believe – is sending shock waves across financial markets.

Clearing houses, a critical issue of Brexit

In her analysis on the consequences of Brexit, published on
11 April 2016, Mathilde Lemoine, Group Chief Economist, was already emphasising the importance of the political and economic issue.

Macroeconomic Outlook #1

In the first edition, "Macroeconomic Outlook" expects global growth to steady at a disappointing pace. "Central banks still have ammunition left but the consequences of negative interest rates remain uncertain as the policy is unprecedented", notes Mathilde Lemoine, Group Chief Economist.