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I haven't said much about the World Cup on the Blog, as it's not really about banking, but well done to Spain and hard luck to the Netherlands or, as they are now nicknamed, the Studs. Anyways, I was intrigued to see this list of numbers and, just because I like numbers, thought they could…

Financial News has just announced their 2010 list of the most influential people in finance.  Interesting list, and here's a selection of the ones who interested me: Chief Executives Brady Dougan (Credit Suisse) Josef Ackermann (Deutsche Bank) Oswald Grübel (UBS) John Varley (Barclays) Michael Sherwood (Goldman Sachs) Baudouin Prot (BNP Paribas) Jonathan Moulds (Bank of…

French and German banks have almost $1 trillion exposure to Southern European economies according to a Bank of International Settlements (BIS) report released last Monday (Download BIS report). “Exposures” include loans, loan commitments, and derivatives contracts, and represent the cost to the banks if there were a default. All in all, Europe's banks have almost…

Could we have forecast the credit crisis?  Yes.  Lots of thoughts on this, including last week's comment, but here's some more new stuff. Ten years ago in the US of A, Sandy Weill put great pressure on Bill Clinton's office to repeal the Glass-Steagall Act with some success.  This was because Sandy had a vision…

Just found a psychology blog and thought I would look up what articles they have on the psychology of money, one of our favourite subjects. Interesting headlines … People will spend more money when they feel down, but are often unaware of it Spending money on other people makes us happier than spending it on…

I love finding websites that provide fodder for the blog, such as jokes and quotes. When you find both, it’s even better, so here’s thirty of my favourite funny quotes about money, finance and banking courtesy of Karlonia.com: Money can’t buy you happiness but it does bring you a more pleasant form of misery. —…