London Banker

Tuesday, 13 March 2012

Your Bank: Fiduciary or Predator?

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In the old days when banks were local, and owned either as partnerships or mutuals, bankers had a stake in promoting the prosperity of their...
22 comments:
Tuesday, 6 March 2012

Complexity Costs

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I have had to deal with the idiocy of modern financial regulation rather more than I would like lately. The issue involves FSA regulations ...
7 comments:
Tuesday, 7 February 2012

Greece - Cutting out the Middle Man

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It seems that central bankers and politicians are endlessly resourceful when it comes to innovating ways to profit themselves and bankers at...
17 comments:
Sunday, 22 January 2012

Hell, Handbaskets and Hellenic Default

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Regardless of what the IIF and the Greek government may announce, Greece is heading inevitably for a destabilising default to some or all of...
10 comments:
Saturday, 21 January 2012

Survivor Bias and TBTF Tyranny

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It's time to write again about insolvency, as the MF Global failure and the Greek debacle raise new troubling concerns. As I wrote in ...
9 comments:
Tuesday, 13 December 2011

Banks are lawless dictators? Whose side are the police on?

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First, hat tip to Barry Ritholtz for the articles linked here. I read two of the articles, written on opposite sides of the planet, one af...
33 comments:
Thursday, 8 December 2011

Why I oppose Financial Stability

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Financial Stability became a topic in the late 1990s, at a time of peak laxity in international financial supervision. The same minds which...
30 comments:
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London Banker
London Banker has been a central banker and securities markets regulator during a varied and interesting career in global financial markets.
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