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Graham Bishop is renowned for his vision and the courage to propose radical ideas, yet ground them in a mastery of the technical details of the financial system. He has been referred to as a one-man think tank.
European Commission: His influence at the meeting point of politics, economics and finance has been recognised on many occasions - most recently when the European Commission asked him to study the attitudes of investors toward the euro area sovereign bond markets. In particular, he explored attitudes towards the potential for a “common euro area safe asset”: what characteristics should it possess and whether it would ameliorate any of the concerns expressed about the features of existing bond markets.
Graham's many pro bono activities illuminate and reinforce his Consultancy Services. His deep knowledge of Europe’s financial system is integrated with his understanding of EU economic and budgetary policy-making – whilst set within the necessary framework of democratic accountability.
He was a member of the Commission's Consultative Group on the Impact of the Euro on Capital Markets; of the Commission's Strategy Group on Financial Services; and of the Committee of Independent Experts on the preparation of the changeover to the single currency (1994/5).
This Website, as well as Graham's Consultancy Service, is designed to bring clients the direct insights that flow from Graham’s position as a leading technical analyst of economic and structural developments in the financial markets of Europe.
"Institutional investors and major financial firms now face a huge commercial challenge in Europe. The vision of political integration has entered a critical phase: ...."
"..analysis of obscure bureaucratic manoeuvrings towards fiscal union, labour mobility and tax co-ordination etc. is quite outside the comfort zone of many..."
"It is now entirely foreseeable that governments may make potentially far-reaching changes that would impact the valuation of European financial assets, as well as reforming the nature of the regulations governing key parts of the financial sector’s business".
"..So the consequences of this crisis will be historic – and will reverberate around global financial markets. The stakes for participants in European financial markets could not be higher.."
Consultancy services can take many forms: face-to-face meetings, telephone discussions, written comments, speeches, special articles, customised research projects, etc.
Maria Luís Albuquerque, who has been selected to oversee financial services in the new European Commission, has a mixed reputation at home.The Portuguese lawmaker was a surprise victor in the brawl for the role, seeing off competition from finance ministers from Ireland and Austria.
For Portuguese citizens, Albuquerque is synonymous with harsh economic austerity. As the country's finance minister between 2013 and 2015, the economist oversaw the dramatic public spending cuts that were a condition of the bailout offered by the so-called Troika of the country's international creditors in the wake of the debt crisis.
During her tenure, Albuquerque gained a reputation for being a serious, sometimes severe figure. She earned the respect of many in Brussels by endeavoring to pay off loans early, cementing Portugal's reputation as the "good pupil" determined to make sacrifices to keep its promises with the European Union and global financial institutions.
But back home, many of her compatriots resented her devotion to brutal realism, exemplified by her insistence on telling citizens not to expect any "miraculous" recovery of the country's economy.
Her nomination for the financial services portfolio will likely garner a mixed reception with lawmakers, paving the way for a tough confirmatory hearing in the European Parliament. NGO Corporate Europe Observatory said she has a "worrying revolving door history" because of her move from Portugal’s Finance Ministry in 2015 to London-based finance firm Arrow Global. She most recently worked at the European arm of United States lender Morgan Stanley.
Albuquerque also oversaw the costly 2014 government bailout of Banco Espírito Santo, Portugal’s second-largest lender.
When she appears before the Parliament she's likely to be grilled by MEPs over her role in the 2015 sale of Portuguese state-owned flagship airline TAP, which took place while former Prime Minister Pedro Passos Coelho's government was in caretaker mode. Recent revelations have raised questions about the process....
more at POLITICO
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