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?
ECB Fears Contagion from Turkish Lira Collapse, Bank Stocks Plunge by Don Quijones • Aug 10, 2018 • 84 Comments Turkish lira in free-fall, down 18% in two days.
Consumer Debt Suddenly Surges in Spain, Banks Love it, But Regulators Begin to Fret by Don Quijones • Aug 2, 2018 • 15 Comments Bad habits die hard.
Banco Sabadell Begins to Pay the Price for TSB’s Self-Inflicted IT Fiasco by Don Quijones • Jul 27, 2018 • 20 Comments The horribly botched IT upgrade hits the income statement.
Chaos Erupts in Uber v. Taxi Drivers Turf War in Barcelona by Don Quijones • Jul 26, 2018 • 27 Comments The competitive advantage rideshare giants have over local taxi firms is their ability to burn cash, as investors eagerly subsidize each ride.
Under Fire, Biggest Brick & Mortar Retailers in Europe Seek Refuge in Cartel Economics by Don Quijones • Jul 18, 2018 • 23 Comments It’s a brutal environment.
Multiyear, Job-Creating, Mass-Tourist Boom in Spain Runs Out of Steam by Don Quijones • Jul 17, 2018 • 26 Comments Tourism accounted for a quarter of the jobs created since 2013 — but mass-tourism of this type brings its own problems.
What IBM Said about the IT Chaos at UK Bank TSB and Owner Sabadell, Now in its 12th Week by Don Quijones • Jul 10, 2018 • 39 Comments Contracted to fix the fiasco, IBM estimates costs at $1.25 billion: sources. There’s even talk of divorce, after just 3 years of corporate marriage.
Banks Squeal as Spain’s New Government Threatens to Do Unthinkable: Raise Taxes on Their Profits by Don Quijones • Jul 7, 2018 • 15 Comments Payback time for the financial sector that was bailed out by taxpayers, the new government thinks.
