Tragicomic Farce at UK Bank TSB Enters Week 7 of IT Chaos by Don Quijones • Jun 6, 2018 • 25 Comments Bank-friendly regulators finally show some interest.
Visa Goes Down in the UK, Chaos Ensues, Cash is Suddenly King by Don Quijones • Jun 2, 2018 • 81 Comments War on Cash Suffers Setback.
“Bank of Mum & Dad,” Huge Prop under UK Housing Bubble, is Running Out of Liquidity by Don Quijones • May 31, 2018 • 37 Comments They’re “lending money to their kids so their kids can afford to pay the prices demanded by mum & dad & their friends. It’s like a giant Ponzi scheme but where the victims are your children.”
Which Banks Are Most Exposed to Italy’s Sovereign Debt? (Other than the Horribly Exposed Italian Banks) by Don Quijones • May 27, 2018 • 74 Comments “Doom loop” begins to exact its pound of flesh.
Wall Street Mega-Landlords Piled into Spain’s Rental Property Boom, and Now it Hits a Wall? by Don Quijones • May 24, 2018 • 28 Comments Blackstone Group, Cerberus Capital Management, and others face a problem.
Furious Customers Leave in Droves after Botched IT Revamp at UK Bank TSB as Nightmare Drags on for a Month by Don Quijones • May 22, 2018 • 32 Comments “It is unacceptable for banks not to keep our accounts safe.”
Three External Tailwinds Turn into Headwinds for Spain’s Economy by Don Quijones • May 17, 2018 • 11 Comments With impeccable timing, all at the same time.
Strange Things Are Happening in Mexico’s Banking System by Don Quijones • May 14, 2018 • 15 Comments Rumors and denials proliferate, as millions of pesos disappear.
Who’s Most Afraid of a Latin American Debt Crisis (Apart from Latin America)? by Don Quijones • May 12, 2018 • 37 Comments It’s not just countries that are at risk of contagion.
Airbnb Turns to Brussels for Help as Anti-Tourist Backlash Intensifies in Europe by Don Quijones • May 9, 2018 • 33 Comments The trend in its European markets is not Airbnb’s friend.
