What to Do with $13-Bn Airport Project Steeped in Corruption & Cost Overruns? Reality Check for Mexico’s President-Elect by Don Quijones • Sep 8, 2018 • 35 Comments A classic lose-lose scenario for taxpayers that’s making the world’s richest even richer.
Credit-Cardholders & Bank Customers Burned Again as New IT Chaos Breaks Out in the UK by Don Quijones • Sep 7, 2018 • 37 Comments The payments industry deplores it, but cash is starting to look pretty good, and central banks agree: “We do not foresee a totally cashless society”: ECB
Be Careful What You Wish For: Weak Mass-Tourism Threatens Spain’s Five-Year Economic Recovery by Don Quijones • Sep 6, 2018 • 53 Comments It is impossible to overstate the importance of tourism to Spain’s economy.
Mexico’s Central Bank Just Broke with the War on Cash by Don Quijones • Sep 2, 2018 • 24 Comments Motivated by inflation?
No Other Banks Are This Exposed to Turkey, Argentina, Brazil…. Emerging Markets Haunt Spanish Banks by Don Quijones • Aug 31, 2018 • 69 Comments To diversify from the euro debt-crisis, the biggest Spanish banks pushed deeply into Emerging Markets. Now, six years later, they’re in a new crisis.
Turkey’s Debt & Currency Crisis Morphs into Financial Crisis as Banks Face Funding Squeeze by Don Quijones • Aug 30, 2018 • 27 Comments “Substantial Increase in the Risk of a Downside Scenario”: Moody’s
Why Are So Few Customers Leaving TSB Bank Despite 21 Weeks of Mayhem? by Don Quijones • Aug 28, 2018 • 34 Comments The botched IT migration is still dogging customers of the UK lender.
Spain’s Competition Commission Just Made Airbnb’s Day by Don Quijones • Aug 19, 2018 • 22 Comments To heck with the concerns of local citizens and city councils.
Why Are ATMs Disappearing at an Alarming Rate after a Wave of Branch Closures? by Don Quijones • Aug 15, 2018 • 69 Comments Banks are curtailing “cash services.” But why?
“Big Four” Audit Oligopoly Expands Global Reach Further by Don Quijones • Aug 12, 2018 • 19 Comments But in some jurisdictions, they’re under-fire after a series of sudden corporate collapses.
