Audentia’s Managing Partner and CIO Chris Newman joined Onyx Capital Group CEO Greg Newman for the first of their second series of podcasts to discuss the evolving world of investment banks.
In this hour-long fireside chat, Chris gives his take on why banks such as ABN Amro have chosen to leave the commodity trade finance space, and the impact moves such as this may have on the sector. With the implementation of Basel IV starting in 2022, Chris explains how these broad changes across the financial system are having an exponential effect on commodity trade finance – not just on the increased economics of lending and growing scarcity of certain types of credit, but on the loss of human capital and, crucially, the knowledge and expertise that comes from decades of working within such a specialist industry.