Jim O’Neill, the former UK Conservative minister and Goldman Sachs chief economist, says he doesn’t miss being in banking. And no, he wouldn’t accept an offer like we saw with   Sergio Ermotti returning as chief executive at UBS. But when asked on this week’s episode of In the City whether he can explain what’s happening in the industry right now, he’s got some ideas. He also weighs in on the   race to buy Manchester United, questioning whether the football club is worth its more than £4 billion price tag. 

Jim O’Neill, the former UK Conservative minister and Goldman Sachs chief economist, says he doesn’t miss being in banking. And no, he wouldn’t accept an offer like we saw with <a href="bbg://news/stories/RSA6DMDWX2PS" data-web-url="https://www.bloomberg.com/news/articles/2023-03-29/ubs-names-ermotti-to-return-as-ceo-in-wake-of-credit-suisse-deal" data-cke-saved-href="bbg://news/stories/RSA6DMDWX2PS"> Sergio Ermotti</a> returning as chief executive at UBS. But when asked on this week’s episode of In the City whether he can explain what’s happening in the industry right now, he’s got some ideas. He also weighs in on the <a href="bbg://news/stories/RRXM35T0G1KW" data-web-url="https://www.bloomberg.com/news/articles/2023-03-22/qatar-ratcliffe-prepare-higher-bids-as-man-utd-race-heats-up" data-cke-saved-href="bbg://news/stories/RRXM35T0G1KW"> race to buy</a> Manchester United, questioning whether the football club is worth its more than £4 billion price tag.

Get ahead of the trends and conversations that are shaping the City of London. Join Bloomberg's Francine Lacqua, Allegra Stratton and Dave Merritt every Thursday as they uncover the best stories and speak to the people in the know. 

Get ahead of the trends and conversations that are shaping the City of London. Join Bloomberg's Francine Lacqua, Allegra Stratton and Dave Merritt every Thursday as they uncover the best stories and speak to the people in the know.

Every week, Francine Lacqua and David Merritt go behind the scenes in the City of London, uncovering stories and speaking to the people that matter.

In the City

Get ahead of the trends and conversations that are shaping the City of London. Join Bloomberg's Francine Lacqua, Allegra Stratton and David Merritt every Thursday as they uncover the best stories and speak to the people in the know. 

Get ahead of the trends and conversations that are shaping the City of London. Join Bloomberg's Francine Lacqua, Allegra Stratton and David Merritt every Thursday as they uncover the best stories and speak to the people in the know.

In The City

The Weak Are Getting Found Out in Banking

https://api.omny.fm/orgs/e73c998e-6e60-432f-8610-ae210140c5b1/clips/89c97b7b-b578-4b10-afdd-afd401563f3d/transcript

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