Banking needs to become boring again
What’s wrong with simply putting people’s money to work, in a safe place, to mobilise the investment for the long-term?
What’s wrong with simply putting people’s money to work, in a safe place, to mobilise the investment for the long-term?
Carl Packman examines Respublica’s new report on civic finance and the commercial potential of Community Development Finance Institutions.
Payday lending has historically been referred to as fringe banking in the United States, but you couldn’t deny it’s anything other than big business today.
Ed Miliband sought to refocus public anger over the Barclays Libor scandal toward David Cameron and George Osborne over their inaction and hypocrisy.
As the London Metal Exchange demutualises after 400 years, we must be alive to the systemic risks of demutualisation – a harbinger of financial cataclysm.
Cormac Hollingsworth reveals the enormous sums made from the nationalisation of Bradford and Bingley and Northern Rock, and asks what it’s being used for.
Cormac Hollingsworth looks at the City’s idols; for all that Wall Street is known in the real world, Glengarry Glen Ross is the real star piece.
Cormac Hollingsworth asks what use the Bank of England is if it’s afraid of one of the key tools in its arsenal
Cormac Hollingsworth writes on the embarrassment for the chancellor that is the British banks RBS and Lloyds having to go to Europe for a bailout
Will Straw details the news that Britain is the ‘sick man’ of the G7, and asks why that is.