Lessons from the Rock for Europe's banks

Source: Reuters.co.uk

* Northern Rock "run" was due to bank risk * Threat now is country risk * Currency risk another concern for bank depositors * Euro zone crisis raises worries in Greece, Spain LONDON, May 27 (Reuters) - In November 2010, rumours swirled through ...
Full article at: Reuters.co.uk  More like this  32 minutes ago

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Satyajit Das: The Great Pretender – India’s Economic Past & Future, Part 1: “India Shining”

Source: Naked Capitalism

By Satyajit Das, derivatives expert and the author of Extreme Money: The Masters of the Universe and the Cult of Risk (2011). Jointly posted with Roubini Global Economics In the aftermath of the global fin ...
Full article at: Naked Capitalism  More like this  44 minutes ago

Commercial Banking in the US Industry Market Research Report Now...

Source: PRWeb

Flat commercial and retail loan demand are expected to weigh on revenue growth The Commercial Banking industry is comprised of banks regulated by the Office of the Comptroller of the Currency, the Federal Reserve Bo ...
Full article at: PRWeb  More like this  48 minutes ago

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Parma mayor becomes Italy's most-watched politician

Source: Reuters

PARMA, Italy (Reuters) - Federico Pizzarotti was an unknown, 38-year-old computer technician at a bank until a few weeks ago. Just four days after being elected the mayor of Parma, he has become the most-watched political figure in Italy. Pizza ...
Full article at: Reuters  More like this  56 minutes ago

India, Myanmar in talks for trade in their national currencies

Source: New Kerala

Foreign Secretary Ranjan Mathai has said that the two countries were examining the possibility of trading in each other's currency. The two countries conduct border trade through local currencies at present. There are two border ...
Full article at: New Kerala  More like this  56 minutes ago

Is Europe’s crisis reason to cancel vacation overseas?

Source: Northwest Arkansas Online

I’m writing this column in Europe, where the headlines are full of “crisis” talk about a possible economic “collapse.” The talk has escalated since French and Greek voters seemed to be saying “enough, already” to Europe’s merchants of austerity. ...
Full article at: Northwest Arkansas Online  More like this  1 hour ago

Is Europe’s crisis reason to cancel vacation overseas?

Source: Arkansas Online

LITTLE ROCK I’m writing this column in Europe, where the headlines are full of “crisis” talk about a possible economic “collapse.” The talk has escalated since French and Greek voters seemed to be saying “enough, already” to Europe’s merc ...
Full article at: Arkansas Online  More like this  1 hour ago

Toyota Kirloskar to up exports to counter Re fall impact

Source: Economic Times

NEW DELHI: Car major Toyota Kirloskar Motor is planning to rev up exports from India in order to partly offset losses, which has touched Rs 60 crore in the last four months due to rupee depreciation. The company, which is a joint venture betwe ...
Full article at: Economic Times  More like this  1 hour ago

All pain, no gain: the Irish backlash that could mean a 'No' to Europe's austerity plans

Source: The Telegraph

"All the government has done is look after the wealthy bankers," said Joe Redmond, a hospital care worker, 54, nursing a pint in the shopping centre's pub. "My own wages have dropped by nearly €1,000 a mont ...
Full article at: The Telegraph  More like this  1 hour ago