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As we now all know, the EU banks mostly passed their ‘stress tests’ with flying colours. But now there are calls for more. Should there be? The first round of stress tests struck me as odd. I have read repeatedly that US banks (which of course European ones have been modelling) had expanded their financial… » read more

Posted by financialguy

Over the last few months, I have had the good fortune to take a number of flights to interesting places. From Brussels to Berlin, Frankfurt, Rome, Prague, Lisbon and Edinburgh and a few connecting flights after. All good fun. But something seems wrong. Not wrong perhaps, but different. I can clearly recall in the days… » read more

Posted by financialguy