Tag Archives: banks
Vince Cable: Man on a Mission
Britain’s coalition business secretary, Vince Cable, has accepted a recent independent report into the banking crisis, and is eager to implement the long-discussed changes in the banking sector, one of which is separating retail banking from the investment side; the … Continue reading
Geithner to resuce
Timothy Geithner, the US treasure secretary, has been haunting Europe’s corridors for the last several months making it abundantly clear that Obama’s administration is deeply concerned about the current European financial crisis. Geithner’s ‘help’ has been met with equal parts … Continue reading
Filed under Economy, Finance, Government, politics, United States
The Scandals Continue for UBS
The broadsheets and tabloids are rife with an air of righteous indignation (again) at the current insider trading scandal at UBS, Switzerland’s already tarnished banking monolith. News that a 30-year-old rogue trader has been caught at the bank’s London headquarters … Continue reading
Filed under Banks, Finance, Government
Another Blow for Bonds and Banks
As the new head of the IMF, Christine Lagarde, held a meeting in Marseille recently and left some encouraging words in the collective ear of the audience (particular kudos meted out for the UK’s austerity drive), the European Central Bank, … Continue reading
Blue Skies Ahead
“Fright!”, “Chaos!”, “Depression!”, “Crisis!” – if these sound like the tag lines of a 1940’s B horror movie, in a way that’s true. Except the year is 2011 and all of the aforementioned words are just a few of those … Continue reading
Just don’t say ‘default’
Now that that the much fought over second bailout package has been agreed for Greece, there’s been a fast blast of optimism in the press and global markets, only to be followed by a cautious reading of the small print. ‘This … Continue reading
Filed under Banks, Economy, Europe, Finance, Government
Osborne’s Reforms
Several years after the financial crisis and politicians are still looking for answers on how to change the banking sector without getting their fingers burnt. Salary caps, giant fines for negligible conduct and what seems the most sensible of all, … Continue reading
Greece’s No Win Situation
As a Greek vote is looming on whether to continue the vastly unpopular austerity drive, it’s an interesting time to be reading economic analysis in regards the future of the Eurozone. Will Greece default on its debts, leaving the Euro … Continue reading
Filed under Banks, Economy, Government
Paying the World with Payoneer
We are living at a time when technology is making what was once cumbersome and tangible, virtual and instant. This is not without its problems, of course. The ‘cloud computing revolution’ is still in its infancy and the planet’s reliance … Continue reading
Where did it all go wrong?
In October of last year, filmmaker Charles Ferguson released a documentary in the Michael Moore vein about the 2008 financial crisis. Inside Job is the title of the film (trailer below), narrated by Matt Damon, and includes a mélange of … Continue reading →
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Filed under Commentary, Economy, Finance
Tagged as banking, banks, film, Inside Job, review