Eurozone Joins The QE Party – Three Years Late
The European Central Bank (ECB) has at last won the go-ahead to pump- £835 billion into the ailing Eurozone economy. After agonising since 2012, when
Property Prices And Rents Still Falling In Cyprus
Property prices and rents are still spiralling downwards as few properties are changing hands in Cyprus due to fall out from the Mediterranean island’s banking
Impending crisis for China’s USD 15 trillion lending habit?
Lauded by many of the world’s most important bankers and money managers yet ostracised by China’s financial illuminati, Charlene Chu has nevertheless been consistent in
UK’s last ‘golden pension’ to suffer degradation at Waitrose
One of the UK’s last ‘generous’ pension schemes is planning to cut pension costs and reduce the burden on its GBP 85 million pension deficit.
5.5% capital hurdle for European banks
Europe’s largest banks are to prove their capital will not fall below 5.5% of their assets during an economic crisis, the European Banking Authority (EBA)
UK unemployment drops to 7.1%, is an interest rate increase to follow?
Having dropped to 7.1%, the UK’s new unemployment rate may force the Bank of England to reconsider raising interest rates. The total number of unemployed
The Wolf of Wall Street: A mirror held up to reality?
Unlimited amounts of prostitutes, midget tossing, unbridled debauchery, class ‘A’ drugs and Quaaludes. It was just another day in the office for Jordan Belfort, founder
Iceland jails ex-Kaupthing bank bosses for 2008 market abuse
An Icelandic court has sentenced four former Kaupthing bosses to prison for market abuses relating to a Qatari sheik, the global credit crisis and a
Ireland ‘breaks free’ from troika bailout; tough times still ahead
The Republic of Ireland, having been only the second European nation requesting and accepting a bailout, is now ready to exit the eurozone’s financial rescue