Plus: Shareholder Activism, Loan Tightening: Europe vs US, Chinese Consumer Lending
Hello and welcome is issue #14 of Net Interest, my newsletter on financial sector themes. If you’re new here, thanks for signing up! Every Friday I go deep on a topic of interest in the sector and highlight a few other trending themes underneath. If you have any feedback, reply to the email or add to the comments. And if you like what you’re reading, please do share and invite friends and colleagues to sign up.
When I left my hedge fund job a few years ago, I was sad to leave my colleagues and my plush office in Mayfair. Most of all, though, I was sad to leave my Bloomberg terminal. After I’d left, I was able to eke out a few more months of terminal use, first via Bloomberg’s user transition programme and then by blagging. But eventually my B-unit would no longer get me in. My access to the orange-on-black information pleasure dome was denied.
People talk about the attention economy in the context of the big social media companies constantly. They rarely talk about …