The Exchange

The Exchange is a regular conversation with some of the most influential movers and shakers in business and markets hosted by Peter Thal Larsen, global editor of Breakingviews, the commentary publication of Thomson Reuters. Breakingviews debates and discusses trends in finance and economics with those who shape them, from central bankers and corporate executives to authors and film directors.

News
176
The Exchange: Leadership and Covid-19 trauma
After a period of high productivity in response to the pandemic, businesses face “war room fatigue”. Executive coach Merete Wedell-Wedellsborg explains how leaders can get their teams out of this regression phase as quickly as possible, keeping staff m...
28 min
177
The Exchange: Stephanie Kelton
As budget deficits swell, one of the highest profile advocates of Modern Monetary Theory joins Swaha Pattanaik to discuss her approach to public finances, U.S. presidential hopeful Joe Biden’s economic agenda, how her thinking evolved, and her experien...
46 min
178
The Exchange: Dov Seidman
The founder of LRN, a technology and education firm that advises global corporations on culture, governance, ethics and other matters chats with Rob Cox to discuss the importance of moral leadership, an issue that has taken on increas...
32 min
179
The Exchange: Airbnb CEO Brian Chesky
The co-founder of the home-sharing firm compared the effects of the pandemic to a torpedo hitting a ship. He discusses how Airbnb raised $2 billion amid the crisis and how Covid-19 has changed travel. It has affected the future of his...
60 min
180
The Exchange: Brave new credit world
The crisis unearthed land mines in the fixed-income market – many of which Arena Investors Chief Executive Dan Zwirn had previously identified. He now explains how to navigate this opaque universe with deep dives on ...
43 min
181
The Exchange: Managing through the corona crisis
As companies grapple with the pandemic’s fallout, consulting firm AlixPartners has a close-up view inside boardrooms. CEO Simon Freakley discusses priorities for troubled businesses, the long-term impact of Covid-19 and what he has learned running a gl...
32 min
182
The Exchange: PMI CEO Andre Calantzopoulos
The boss of the $110 bln tobacco giant is on a quest to get the world to stop smoking cigarettes and switch over to heated tobacco, mainly PMI’s Iqos brand. Calantzopoulos has a lot of dedicated customers to win over, but he tells Rob Cox how governmen...
30 min
183
The Exchange: BIS chief Agustin Carstens
It has been a hectic year for central bankers on the front line of fighting a global recession. The head of the Bank for International Settlements joins Swaha Pattanaik to discuss how to unwind mass...
32 min
184
The Exchange: Pehr Gyllenhammar
Longtime Volvo CEO Pehr Gyllenhammar was pushing radical environmental and social changes at the carmaker long before they became fashionable. One of Sweden’s most admired businessmen argues why CEOs should be paid less and how it felt to become a fath...
30 min
185
The Exchange: Bruce Flatt
The office is not dead, though hot-desking may be. The elevator needs a rethink. And don’t rule out the shopping mall. Brookfield Asset Management’s chief executive made these and other predictions for the post-pandemic global economy in a recent chat ...
53 min
186
The Exchange: BlackRock ETFs
Exchange-traded funds are wildly popular with retail and institutional investors alike. BlackRock’s global head of ETFs and index investments Salim Ramji demystifies these tools, revealing how they passed their crisis test and how they challenge the ac...
39 min
187
The Exchange: Vaccine optimist
Lloyd Minor, the dean of Stanford’s school of medicine, tells Rob Cox that research into the coronavirus shows promising signs for the discovery of a vaccine. Just the same, the world needs to better prepare...
34 min
188
The Exchange: Hong Kong's pressure cooker
Covid-19 has halted anti-government protests, but tensions are simmering. Hong Kong-based lawyer and author Antony Dapiran explains to Robyn Mak how local officials and Beijing are using legal means to silence opponents, and why another summer of disco...
17 min
189
The Exchange: Tyler Brûlé
The coronavirus has only temporarily grounded Monocle’s peripatetic founder and editor in chief. Rob Cox pops by his Zurich HQ to discuss how the globally minded consumers of his media empire are prepping for post-pandemic life, and how the Swiss handl...
29 min
190
The Exchange: Blue-collar China
Pandemic and recession are making the lower strata of the labour force crankier than they’ve ever been. Author Dexter Roberts explains to Pete Sweeney how Beijing is struggling to manage worker dissatisfaction, and points to rising economic costs and p...
22 min
191
The Exchange: Corona-nomics
Kevin Warsh, Jason Furman and Laurence Boone join a wide-ranging panel discussion with Breakingviews to size up the global monetary and fiscal responses to the economic lockdowns enforced to halt the spread of Covid-19; and to map out a recovery back t...
77 min
192
The Exchange: “Too Small to Fail”
In normal times, some of the world’s littler nations like Denmark and Singapore tend to outperform larger ones in a variety of economic and social areas, author James Breiding tells Rob Cox. Covid-19 will likely show that big isn’t ne...
31 min
193
The Exchange: Verizon’s HR chief
Christy Pambianchi oversees the well-being of more than 100,000 people. She explains how Verizon quickly rewrote the rule book to address the coronavirus outbreak from getting people set up at home to ensuring the safety of field employees providing cr...
21 min
194
The Exchange: BCG investor sentiment survey
Investors faced political uncertainty, a China slowdown and an aging U.S. economic expansion even before recent market ructions. Boston Consulting Group Partner Hady Farag explains what the firm's annual survey ...
35 min
195
The Exchange: Jeffrey Ubben
ValueAct Capital has shaken up some of the biggest companies, from Microsoft to Rolls-Royce. But its founder, who sat down for a Predictions event in New York, is focused on a new form of activism with the Spring Fund. Firms that neglect the E and S of...
55 min
196
The Exchange: Anthony Scaramucci
We last spoke to the founder of SkyBridge Capital a week before Donald Trump won the U.S. presidential election. When asked if he would take a White House job if Trump won, he said no – unless it was Ambassador to the Vatican. So, when in Rome, Rob Cox...
19 min
197
The Exchange: India’s water crisis
Kicking off Predictions 2020, Amit Chandra of Bain, Reshma Anand of Hindustan Unilever Foundation and Mridula Ramesh of the Sundaram Climate Institute come together in Mumbai to discuss who should pay for the scarce resource, and how the private sector...
44 min
198
The Exchange: Life after bad debt in India
Kicking off Predictions 2020, Prashant Ruia of Essar Group, Sunil Mehta of Punjab National Bank and Shankar Sharma of First Global come together in Mumbai to explain how India Inc can borrow and lend again with confidence, and propose sharp fixes to ki...
47 min
199
The Exchange: Kill your terminal
Traders resent expensive tools like Bloomberg and Eikon, but they need them to chat. Goldman-backed Symphony, at $20 a month, wants to break in. CEO David Gurle talks about the challenges of compliance, his deal with China’s Tencent, and the future of ...
13 min
200
The Exchange: Carbon-free superpower
Bushfires and a historic drought have put climate change front and centre for Australia, increasing pressure on a pro-coal government to act. Ross Garnaut, economist and former Canberra adviser, explains why there's an opportunity Down Under that ...
17 min