Categories » The Bank Interview
“The management and board of Moody’s are squarely responsible for the poor quality of previous Moody’s opinions that ushered in the financial crisis” – so says a former senior analyst at the agency, William J. Harrington…
1 Comment | August 2011
When the American wit and author Mark Twain was confronted by a reporter tasked with writing his obituary (after news of his untimely demise had begun to circulate), his sense of humour didn’t fail him: “Rumours of my death have been greatly exaggerated,” he is reported to have said. Société Générale, finding itself in a similar situation last week, took a slightly different tack.
Be the first to comment | August 2011
He may have passed through the ranks of some Britain’s most venerable institutions – St Paul's school, Magdalen College, Oxford and the Conservative party, to name but three, but when Treasury Today received an e-mail announcing that George Osborne was set to take up residence at that other pillar of the Establishment – Barclays Bank – further investigation was required. Had the UK Chancellor tired of reeling in the country's run-away budget? It would seem so.
Be the first to comment | August 2011
In England, when something inexplicable happens on the field of play, you’ll often hear a pundit describe football as a ‘funny old game’...
Be the first to comment | August 2011
Treasurers might need to rethink their investment policies if the worst happens on August 2nd and a US debt crisis…
Be the first to comment | July 2011
Bad news for corporates – CRD IV, the directive implementing the Basel III reforms in Europe, was published yesterday, detailing core tier 1 capital ratios for banks. And rising capital requirements can only mean less is available for corporates to borrow…
Be the first to comment | July 2011
“Chinese buyers and suppliers will soon want western corporates to be able to trade with them directly in RMB. The sooner you can offer that, the better…
Be the first to comment | July 2011
Of all the many and varied problems associated with dying, damage to the sufferer’s credit rating is not usually thought to be the worst. Yet that is the only symptom experienced…
Be the first to comment | July 2011
The results of the European bank stress tests are due to be released today. After last year’s whitewash, expectations - and tensions - are running high. But what impact...
1 Comment | July 2011
Inflation worries, the possibility of Eurozone sovereign defaults and a general move away from risky assets suggests continued rises in euro interest rates.
Be the first to comment | June 2011