This month marks the 10th anniversary of the opening rounds of the great financial crisis. Though years in the making, it was finally in June 2007, that two Bear Stearns hedge funds created to invest in sub-prime mortgages, collapsed. This triggered an attempt by many banks, such as RBS, to shore up their own capital […]
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Tag Archives: EU
The Problems with MiFID
April 4, 2017 
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Years in planning and one year late, the European Union’s wide-ranging new MiFID II regulation is still going to catch-out much of the industry. Although European, it will impact global asset managers, and may herald change across the industry. No-one yet quite knows how it will work in practice. The aim – to fully and […]
Continue readingEU Banking Resolution – far reaching implications for depositors
July 1, 2013 0 Comments
Little attention has been paid to Europe’s new agreement on bail-ins for troubled banks. Yet the implications are far reaching. Major differences in accounting for derivatives – US GAAP versus IFRS – have been resolved in favour of the European IFRS approach. This has a big impact on reported leverage for the major US banks. […]
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Behavioural Edge 
Will the UK Election result unnerve investors?
– Falls of 2 to 3% likely in UK domestic sectors like property, media, retail and challenger banks – FTSE 100 sectors with international earnings – pharma, oils, mining, exporters – should gain on the weaker Pound – Domestically-oriented sectors such as housebuilding and building products can benefit in coming months – A barely workable […]
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