July 29, 2016
European Banking (Portugal)
With one exception all of the Portuguese banks including Caixa Geral, the government owned bank, are technically bankrupt and insolvent.
Posts filed under Banking
July 25, 2016
Eurozone Banking
We have often written of the difficulties of the Eurozone Banking System (See China? Oil prices? Saudi Arabia? Iran? Why Volatility? The Grand Surpise Part Two, January 12th 2016, Octavian…
June 27, 2016
BREXIT – the Economics
“Britain’s exit from the European Union is of less significance than the economists have contemplated” at least for the UK. The economic pundits, always in sync with the status…
April 12, 2016
Banking, Bernie, Hillary
“Today I am pleased to sign into law S. 900, the Gramm-Leach-Biley Act. This historic legislation will modernize our financial services laws stimulating greater innovation and competition in the financial…
