Portugal's Espirito Santo Group shows that complex, opaque corporate structures with embedded banks create moral hazard and the risk of fraud.
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The size of new mortgages compared with borrower incomes is rising, suggesting households are becoming more vulnerable to income and interest rate shocks. Will macroprudential regulation be enough?
A majority of economists surveyed by the Centre for Macroeconomics think it is time to use macroprudential tools to calm the UK's housing market.
Is it possible to embrace big banks, while disavowing Too Big To Fail?
The growth in foreign ownership in the UK is something to be welcomed, not feared. Foreign firms increase competition and help disseminate new ideas as local firms copy business methods and innovation.
Director of the Centre for Economic Performance4 articles | View profile
Why a company’s choice of AGM location could be a possible ‘sell’ signal - http://t.co/Jk1Q9WZ3pt
RT @azizonomics: Latest blog post for @PieriaView "On UKIP and leaving the European Union" http://t.co/K6YR8zDzCB @Frances_Coppola @tomashi…
Ritholtz's Reads: Revenge of the Nerds http://t.co/5I5iRsaohh
RT @D_Blanchflower: Immigration: Could we – should we – stop migrants coming to Britain? excellent from @jdportes http://t.co/G8PNDbYqgk
European banks and the global banking glut - by @Frances_Coppola http://t.co/rYrpmMOWIz