I was travelling on British Airways the other day, and really enjoyed their article in Business Life Magazine about how much the Queen costs the economy, As a result, I thought it worth posting today as we’re about to head off on a four-day vacation in Britain to celebrate her sixty years on the throne…
As we approach euro meltdown (join our webinar with GTNews on Tuesday for more on this), I thought it might be worth listening in to the videocall that took place between Italian Prime Minister Mario Monti, French President Francois Hollande, German Chancellor Angela Merkel, British Prime Minister David Cameron and European Council President Herman Van Rompuy…
For the past few weeks, the daily headlines have included report after report of insider dealings, trades that were rigged, interest rate setting practices where banks fix things to make a buck and worse. Here are three examples from just this morning's news: Senior bankers caught up in film investment tax probe - The Telegraph L&G…
Well, it’s Valentine’s Day and there’s the usual raft of bank-related love and hate going around. Most of the Valentine’s Day headlines are about giving gifts that won’t break the bank. That’s not surprising when, in the US alone, total jewellery spending is expected to top a staggering $4 billion, and a further $1.8 billion…
There’s still lots of debate about the euro and Eurozone, with Greece imploding and now Italy et al all going up the Furka Pass, so to speak. Now I’ve been purposefully avoiding getting into the fray, as it’s not my place, although I’m quite outspoken in media outlets about such matters (checkout this Bloomberg video about…
I’ve been loathe to talk too much lately about the Eurozone as it’s just too darned depressing. What with Greece slipping and sliding away, Italy bunga’d out and now France being challenged, it’s just a crazy, crazy moment in history. There’s even a discussion of the Eurozone disbanding, although officials deny this. However, in my…
I’ve been loathe to talk too much lately about the Eurozone as it’s just too darned depressing. What with Greece slipping and sliding away, Italy bunga’d out and now France being challenged, it’s just a crazy, crazy moment in history. There’s even a discussion of the Eurozone disbanding, although officials deny this. However, in my…
It’s 31st October and you know what that means? Halloween. Ghouls, ghosts and ghoulies abound. And yes, you find plenty of them in the financial system. First, there’s those fiendish Zombie Bankers: These are so popular, there’s even a movie and an iPhone and iPad game to play about them … But the best advice has been posted…
It’s 31st October and you know what that means? Halloween. Ghouls, ghosts and ghoulies abound. And yes, you find plenty of them in the financial system. First, there’s those fiendish Zombie Bankers: These are so popular, there’s even a movie and an iPhone and iPad game to play about them … But the best advice has been posted…
Welcome to the first of what may be many fly-on-the-wall (FOTW) reports of internal bank management matters. In this first FOTW report, we sent Marty, our Scottish fly, into the monthly management meeting of one of the world’s largest banks, Megabank (stock ticker: MGB). Here’s how it went. 10:00, FTSE at 5450.49, MGB share price…
