Finance
Slovenia’s banking crisis is heading towards its peak
Slovenia’s ongoing banking crisis is heading toward its peak as the November date for the debt-ridden Slovenian banks’ stress test results closes in. Slovenian central banker Bostajan Jazbec has recently
Brazil and Turkey: The Party is Over
The world held its breath on September 18th. Would Ben Bernanke taper? Investors around the globe breathed a sigh of relief when he postponed slowing down the Fed’s bond buying
Italy’s Enrico Letta Safe From Berlusconi – for Now
And so the Eurozone’s woes continue: A potential grand coalition government collapse in Italy has further threatened the recovery of the currency union’s third largest economy. On a continent with
Strong British Case in EU Clash over Banking Bonuses
The UK is taking legal action against the EU, the cause being disagreement over banking bonuses. It is another case among a flurry of legal actions against EU rules, such
A Secret for Success: Understanding Risk Management
If the state of risk analysis could stand some improvement, what does that say about risk management? The point is, flawed risk analysis leads to poor risk management: garbage in,
Europe’s leaders far from banking union
On September 12th, the European Parliament adopted legislation, which will allow the European Central Bank (ECB) to take on new bank supervision tasks as part of the single supervisory mechanism.
Prediction Markets may Revolutionise Business Forecasting
Prediction markets are a type of financial market (also known as information markets or event futures), in which participants trade in contracts whose payoffs depend on unknown future events. Of course,
Cyprus Bailout Process Moves Forward Despite Risks
Monitors from the International Monetary Fund (IMF), the European Commission and the European Central Bank, collectively called the troika, visited Cyprus from July 17 until July 31 to assess the
Financial service commission ban limits advisory market
Is commission equal to fraud? In Australia, the Netherlands and UK the answer is yes, and more countries look likely to join their ranks. Inherent to the commission system was
The Eurozone Isn’t Quite Bailed-out Yet
According to several recent statistics, the Eurozone’s future is looking brighter than it has in a long time. Not only has Eurozone unemployment fallen for the first time in two
