Spain feels the pain, at least they get the sun too… For all the talk of how bad it is in Ireland, the reality is that we are doing comparatively well when looking to some nations in Europ... Continue reading
The errors of compensation One of the most pointed arguments that we hear about is that of bankers pay, some people have even started to refer to them as 'bankste... Continue reading
‘Pop’ goes the Treasury Chancellor of the Exchequer Alistair Darling announced the UK budget yesterday, and it was revealed that the UK would have to issue mor... Continue reading
Springboard are ceasing trading Mortgage lender Springboard have announced today that they will be ceasing trading. In a phone call we received today they said that it... Continue reading
The banking ‘Whitewash’ Meredith Whitney talks about the 'banking whitewash', saying that the recent gains in many banks (they have been beating expectations b... Continue reading
A look at Euribor, GBP Libor, and Libor The graph below shows that despite different base rates in the US, UK, and Europe that our general interbank lending rates are correlat... Continue reading
Yale economists discuss the financial crisis Yale hosted a panel discussion with Yale Faculty on the National Financial Crisis, to discuss developments since the February 25, 2009... Continue reading
Euribor yield curve changes April 2009 Below are two charts of the Euribor yield curve (many thanks to Bank of Scotland Treasury for their excellent daily reports!). Here ... Continue reading