I’m regularly asked the question as to when the government will get rid of their stake in Lloyds and RBS, return them to the private sector, give a profit to the taxpayer and butt out of banking. I always give the same answer: “when the government needs votes”. The reason for this is the government…
We are pleased to provide our eighth month of monitoring the MTF performances in European Equities trading, in partnership with Thomson Reuters Equity Market Share Reporter (EMSR). Market Share based upon Euro Value November 2010 October 2010 Source: Thomson Reuters Equity Market Share Reporter Market Share based upon Volume of Trading November 2010 October 2010 …
OK, it’s time to build a new way of measuring anger with the banks, so today sees the launch of the Finanser’s Rage Gauge. Why do this today? Because the heat of anger on the industry varies day-by-day, month-by-month. There was shock and awe back in September 2008, then shock and anger in January 2009…
I was just watching this ten minute debate in Australia about bank advertising. It starts with the line: “I would have thought banks were tough clients for two reasons. One, they’re bastards. Two, we hate them.” This is interesting stuff, and reminds me of the psychology of money debate. The psychology of money debate is…
It’s a funny old world. One minute we’re all talking about the great European plan, the Lisbon agenda, the Directives are rolled out, SEPA and MTFs are spawned, the level playing field of the Eurozone is harmonised and so on and so forth. The next is OMG, it’s all doom and gloom. What about Greece?…
I was preparing a presentation last week to deliver in Spain that had the sexy title: “Challenges for European banks in a crisis and post-crisis environment.” It wasn’t a title I chose, but led to me creating an amalgam of many different threads of thinking, some of which you will recognise if you follow this…
I got a nice email from mortgage rates today, with the following opening: The housing boom helped the economy dramatically, however as the boom came to a crash in 2006, things took a swift turn into economic gloom and doom, bringing it to the economic crash still fresh in everyone’s memories. We created an infographic…
We are pleased to provide our eighth month of monitoring the MTF performances in European Equities trading, in partnership with Thomson Reuters Equity Market Share Reporter (EMSR). Market Share based upon Euro Value October 2010 September 2010 Source: Thomson Reuters Equity Market Share Reporter Market Share based upon Volume of Trading October 2010 September 2010 Source: Thomson…
Fancy a tongue twister? Howsabout bankers big bonuses bashed by broadcasters but better being bashed by bank bosses. Nah. Doesn't quite work as well as six swans swimming, swim swans swim, six swans swam, well swum swans, but it almost works. What's all this about? Well, Bloomberg released the latest news on bankers' bonuses this…
