Lending
Britain and banking: Back to the 1830s
Unparalleled levels of imprudent lending; corrupt banking practices; soaring inflation and rising unemployment; government bank bailouts and an economy dependent on increasing levels of debt to sustain growth. Sound familiar? It would have done to Briton’s in the 1830s.
By Lee Williams | Econoblog, Notebook, Opinion | Thursday, 12 July 2012 at 9:58 am
Jean-Claude Trichet’s creditor mentality
Greece would not have been able to borrow if European banks had not been willing to lend. The ECB cautions about profligate borrowing by sovereigns. But what about profligate lending by banks?
By Ben Chu | Eagle Eye, Econoblog | Thursday, 13 October 2011 at 8:03 pm
The Bank of England needs to speak up
Three years on from the beginning of the credit crunch, banks are still squeezing small businesses in order to bolster their own financial position. And according to the Bank,this is having a detrimental effect on the economy.
By Ben Chu | Eagle Eye | Monday, 20 December 2010 at 7:05 pm
The public are still paying for the banks to function remotely normally
Is a bank making big money a good thing or a bad thing? It is a good thing if it means they’re repairing their balance sheets and financial health, but can be bad for the wider economy if they are doing so at the expense of lending to hard-pressed customers.
That, broadly, is what has been [...]
By Sean O'Grady | Eagle Eye, Econoblog | Monday, 2 August 2010 at 12:34 pm
Europe’s banks may be OK, but the wider economy is under stress
Markets don’t like surprises, and we know so much about the stress tests – through leaks – that the markets ought not be surprised about who passes, who fails and who scrapes by.
The fact is that most of Europe’s big banking groups are surprisingly well capitalised, both because they have managed to raise funds themselves, [...]
By Sean O'Grady | Eagle Eye, Econoblog | Friday, 23 July 2010 at 2:24 pm
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