We are used to hearing about the Co-Op Bank's disasters. But there was another bank involved too.....
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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.
For the first time in history, people have the real prospect of no longer having to work long hours in boring, repetitive and physically debilitating jobs to meet basic needs. We will have more time to spend interacting with each other, caring for each other.
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UK banks are wholly different to the businesses they were before the credit crisis - http://t.co/PfRdZkwCOi
Labour bid to break from the past ignores the fiscal reality - by @johnweeks41 http://t.co/WcukNSSBIh
The Economics of Ed - by @Frances_Coppola http://t.co/zcw88eDO8r
RT @FlipChartRick: The future of #ukhousing - with some great speakers and me. Book your place here: http://t.co/0AP5sbtKbJ #nxtgen14