Post-election, the Onion News Network reports that Barack Obama’s supporters have lost the will to live: Meanwhile in his paternal homeland of Kenya, mothers across the nation are naming their children Barack or Michelle, after his wife, or Obama which means ‘blessed one’, or a mixture of all three. What this means for the banking…
Whatever we say about the Eurozone and its challenges, particularly in light of the credit crunch, we have a problem. When Ireland announced guarantees for all customer deposits, without limits, earlier this month it led to a crisis of confidence. The crisis was the flow of funds from all EU countries to Ireland as a…
Whatever we say about the Eurozone and its challenges, particularly in light of the credit crunch, we have a problem. When Ireland announced guarantees for all customer deposits, without limits, earlier this month it led to a crisis of confidence. The crisis was the flow of funds from all EU countries to Ireland as a…
The Bank of England (“the Bank”) released their Financial Stability Report today … or should we rename this the Financial Instability Report as that’s what we’ve seen for the last few months. The Report reviews the UK banking system every six months and started back in 1996. In that first report, the Bank said: “The…
The Bank of England (“the Bank”) released their Financial Stability Report today … or should we rename this the Financial Instability Report as that’s what we’ve seen for the last few months. The Report reviews the UK banking system every six months and started back in 1996. In that first report, the Bank said: “The…
The Bank of England (“the Bank”) released their Financial Stability Report today … or should we rename this the Financial Instability Report as that’s what we’ve seen for the last few months. The Report reviews the UK banking system every six months and started back in 1996. In that first report, the Bank said: “The…
I chaired a dinner this week on speeds, feeds and latency in the City’s Capital Markets. Fascinating stuff all about the latest Multilateral Trade Facilities (MTFs) and how Chi-X and Turquoise claim to be ripping up the old exchange models by processing trades in 2 milliseconds. During the course of the conversation, I found something…
I chaired a dinner this week on speeds, feeds and latency in the City’s Capital Markets. Fascinating stuff all about the latest Multilateral Trade Facilities (MTFs) and how Chi-X and Turquoise claim to be ripping up the old exchange models by processing trades in 2 milliseconds. During the course of the conversation, I found something…
