09/16/2016
When ECB president Draghi said (during the press conference after the ECB’s meeting on 08/09/16) that the monetary transmission mechanism had never worked better than it does currently, he was probably deliberately exaggerating.
09/15/2016
The strong cash position, approximately triple what it should be, is particularly worrisome due to falling interest rates.
09/14/2016
In the traditional banker view, governments only get in the way, budgets are for balancing, and spending is for cutting.
09/14/2016
The government’s draft legislation to introduce George Osbourne’s proposed Lifetime ISA scheme has divided the industry, with many experts concerned about complexity and potentially penal exit charges.