As Turkish Lira Collapses, Foreign Banks in Turkey Rue the Day by Don Quijones • Jun 26, 2018 • 29 Comments The biggest loser: BBVA, Spain’s second biggest bank.
Next Central Bank Puts QE Unwind on the Calendar by Wolf Richter • Jun 21, 2018 • 67 Comments The end of an era spreads.
Multi-Decade Outsourcing Boom Comes to Sticky End in the UK by Don Quijones • Jun 21, 2018 • 46 Comments After scandals, collapses, and the government’s off-balance-sheet debt.
How the ECB Helped Spain “Recover” Faster than Italy from the Crisis by Don Quijones • Jun 20, 2018 • 21 Comments A nation of savers v. a nation of debtors.
Big Four Audit “Oligarchy” Comes under Scrutiny in the UK after Corporate Surprise Collapses by Don Quijones • Jun 19, 2018 • 36 Comments The “oligarchy” controls the standard-setters, ensuring rules of the game suit it. The long reach of the bean counters also extends deep into the heart of government.
Blackstone Becomes Biggest Hotel & Property Owner in Spain by Don Quijones • Jun 14, 2018 • 26 Comments The PE firm as global landlord.
Humans Need Not Apply: AI to Take Over Customer Service Jobs by Don Quijones • Jun 10, 2018 • 82 Comments “With Amelia, we graduate into automating the knowledge worker, the customer service agent.”
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.
Citibank, Deutsche Bank, ANZ to Fight Possible “Criminal Cartel” Charges in Australia by Safehaven • Jun 4, 2018 • 17 Comments There’s unconfirmed speculation JPMorgan may have been granted immunity as the whistleblower.
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.
