Mexico’s Central Bank Just Broke with the War on Cash
Motivated by inflation?… Read More Mexico’s Central Bank Just Broke with the War on Cash
Tag: ECB
The Eurozone’s “Doom Loop” Re-Grips Italian Banks
Old bad habits die hard: The dangerous relationship of mutual dependence between governments and banks… Read More The Eurozone’s “Doom Loop” Re-Grips Italian Banks
Consumer Debt Suddenly Surges in Spain, Banks Love it, But Regulators Begin to Fret
Draghi’s Membership of Murky G30 Financial Group Under Fire
A private club for central bankers, regulators, and bankers: Bernanke, NY Fed’s Dudley, Timothy Geithner, BoE’s Mark Carney, BoJ’s Haruhiko Kuroda… they’re all in it.… Read More Draghi’s Membership of Murky G30 Financial Group Under Fire
ECB Suffers from “Corporate Capture at its Most Extreme”
Many of these banks are implicated in the biggest financial crimes.… Read More ECB Suffers from “Corporate Capture at its Most Extreme”
ECB Wants to Weed Out Smaller Banks to Cut Competition
Europe needs “brave banks” willing to conquer new territory… Read More ECB Wants to Weed Out Smaller Banks to Cut Competition
ECB Tightens Noose Around Bank Accounts
Locking up the money of unsuspecting depositors to prop up collapsing banks… Read More ECB Tightens Noose Around Bank Accounts
What’s Keeping Italy’s Government Debt from Blowing Up?
Even Italian banks are dumping Italian government bonds… Read More What’s Keeping Italy’s Government Debt from Blowing Up?
The ECB Morphs into the Mother of All “Bad Banks”
More than just a few “fallen angels”… Read More The ECB Morphs into the Mother of All “Bad Banks”
People Not Amused by EU Efforts to “De-Cash” their Lives
EU survey results show respondents overwhelmingly oppose proposals to impose an EU-wide cash ceiling that would throttle use of cash… Read More People Not Amused by EU Efforts to “De-Cash” their Lives
Has Super Mario Draghi Met His Match?
And this might become a problem for the Fed… Read More Has Super Mario Draghi Met His Match?
In Watershed Event, Europe Unveils Plan To Securitize Sovereign Debt
Less than a decade after various complex, synthetic, squared, cubed and so on securitized debt structures nearly brought down the financial system, here come “Sovereign Bond-Backed Securities.”… Read More In Watershed Event, Europe Unveils Plan To Securitize Sovereign Debt
