The failure of a medium-size Austrian bank raises questions about the resilience of the Austrian-German banking system.
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There is much talk about the sovereign-bank "doom loop". But the bank-to-bank relationship is just as widespread - and just as dangerous.
Portugal's Espirito Santo Group shows that complex, opaque corporate structures with embedded banks create moral hazard and the risk of fraud.
Almost nobody actually understands how payment systems work. That is: if you “wire” funds to a supplier or “make a payment” to a friend, how does the money get from your account to theirs?
Acharya and Steffen (A&S), authors of “Falling short of expectations? Stress-testing the European banking system”, have written a confusing paper whose results are biased. Here's why.
Economics is a toolkit that enables better understanding of how people live, and how societies work.
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The failure of low-volatility ETFs - http://t.co/5iHHtiboWa
RT @diane1859: Other people's money - my review of excellent new book by @JohnKayFT http://t.co/Qdv32SW2zo
Corbyn's Investment Bank - by @johnweeks41 http://t.co/uAvpyCTS5J
RT @ConversationUK: .@yanisvaroufakis explains what happened during the Troika negotiations. Read in full here: http://t.co/OnXqljGdU3 htt…
Is a Backlash Brewing Against Silicon Valley’s Perceived Insularity? - http://t.co/aOSn4YXeCj