November 30, 2013
November 29, 2013
Why and how are medium and small businesses, entrepreneurs and start ups, and normal citizens, ruled to be a systemic danger to the financial system?
If I were an asset manager, I would remain in the shadows. But, if one of “the risky”, I would scream my heart out.
November 28, 2013
FT if this is the way European banks “derisk”, there is no doubt that Europe is getting to be much riskier.
November 27, 2013
Is not a failed planet earth worse than a failed bank? Do not hinder banks from financing green growth only because it is “risky”.
November 26, 2013
The question is not whether SMEs are risky but whether risky SMEs pose a threat to banks. They don´t!
November 25, 2013
If fighting groupthink, start with the worst, with bank regulators, Basel Committee and Financial Stability Board
November 23, 2013
November 22, 2013
Stefan Wagstyl reports that Mario Draghi, reacted against “nationalistic undertones” and stated “We are not German, neither French nor Spaniards, nor Italian: We are Europeans”, “Draghi hits at rate policy critics”, November 22.
Sir, Mario Draghi has no moral right to speak about discrimination among Europeans. As the chairman for many years of the Financial Stability Board, he approved of that banks need to hold much much less capital when lending to an “infallible” European than when lending to a “risky” one.
That caused of course banks to avoid lending to those were they could leverage their equity much much less, and thereby not obtain the high expected risk-adjusted returns on their equity the “infallible” offered them.
Talk about exclusion! Talk about increasing inequality gaps! Go home Mario Draghi! Europe was not built upon risk-aversion!