In the feverish reshuffling of financial services for a post-Brexit world, London still comes out ahead, but less so.… Read More France Chases London’s Gold Market Amid Soft-Brexit Hopes
City of London just lost a $240-billion-a-day financial market.… Read More What Would It Be Like
There’s nothing like a sympathetic Supreme Court.… Read More Flip-Flop of Prior Flip-Flop by Spanish Supreme Court Flip-Flops Bank Stocks
Italy is in meltdown, Hungary in open revolt, and the US wants a trade war. Small wonder Europe’s leaders haven’t got much time for Brits… Read More Why Brexit Is Just a Sideshow for an EU Beset by Problems on All Sides
Only one-third of Spanish companies have made Brexit contingency plans… Read More Madrid Tells Businesses to Get Ready for (any) Brexit
The French megabanks are on the hook.… Read More Why’s France so Worried about Italy’s Showdown with Brussels?
A fiasco threatens to spiral out of control… Read More Spain’s Mortgage Market Seizes Up, Bank Stocks Sink, Legal Uncertainty Reigns
Plunging bank stocks got the Court’s attention, or something.… Read More Spain’s Supreme Court Flip-Flops on Mortgage Ruling After Just 1 Day Amid Bank Stocks Bloodbath, Legal Shitstorm Erupts
But outside Italy, credit markets are sanguine, and no one says, “whatever it takes.”… Read More Italy’s Debt Crisis Intensifies
BlackRock is “a market power that no state can control anymore”… Read More Why’s the World’s Biggest Asset Manager Advising the ECB on the Health of EU Banks?
The power of Collateralized Loan Obligations.… Read More “Concerned” Bank of England Raises Alarm about Growth of High-Risk Loans
The clandestine role of the Spanish government in a run on deposits that drained €29 billion from Catalan banks… Read More Revealed: The Run on Banks in Catalonia after the Independence Vote was Fomented by Madrid