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.”
Hilarity in NIRP Zone: Italian 2-Year Yield Still Near 0%, as New Government Proposes Haircut for Creditors and Alternate Currency, Markets on “Knife Edge” by Wolf Richter • May 21, 2018 • 93 Comments ECB’s Negative Interest Rate Policy has been the funniest monetary joke ever.
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.
Global QE Dream Ends, ECB Sees Rate Hikes, “Normalization” Becomes a Thing by Wolf Richter • May 14, 2018 • 32 Comments The Fed leads, the ECB follows.
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.
As IT Fiasco Drags On, UK Bank’s Next Big Problem Could Be Internal Revolt by Don Quijones • May 6, 2018 • 35 Comments It’s time for executive bonuses.
UK Bank’s IT Disaster Enters 2nd Week, Contagion Fears Rise by Don Quijones • Apr 30, 2018 • 28 Comments “This turned what was a super-hard systems job [into] a clusterfuck in the making.”
Are European Companies Ready for Life Without Draghi? by Don Quijones • Apr 29, 2018 • 35 Comments Not going to be easy, especially for “zombie” companies.
Airbnb Just Lost a Limb in its Fourth Biggest Market by Don Quijones • Apr 26, 2018 • 35 Comments Amid a blossoming backlash against mass tourism.
