After a String of Corporate Scandals & Collapses, “Big Four” Accounting Giants Face Breakup in the UK by Don Quijones • Apr 9, 2018 • 19 Comments UK regulators may be on the verge of doing something right, but doubts remain over how genuine their stated intentions are.
World’s Most Wanted Bank Whistleblower Was Just Arrested, for the Worst Possible Reason by Don Quijones • Apr 4, 2018 • 34 Comments For a prisoner exchange between Switzerland and Spain?
Playing With Fire in Catalonia by Don Quijones • Apr 3, 2018 • 17 Comments A relentless state, angry demonstrations, and profoundly worried businesses.
What Could Dethrone the Dollar as Top Reserve Currency? by Wolf Richter • Mar 30, 2018 • 103 Comments Central banks seem leery about the Chinese yuan.
UK Vows to Crack Down on Money Laundering: What Will This Do to the Property Bubble? by Don Quijones • Mar 30, 2018 • 34 Comments The London property market is already in trouble.
Banks & Builders Want New Property Bubble In Spain, Government Obliges by Don Quijones • Mar 29, 2018 • 16 Comments “This plan, far from solving or alleviating the problem, is likely to make it a whole lot worse.”
Even the World’s Most Cashless Nation Doesn’t Want to Go Fully Cashless by Don Quijones • Mar 27, 2018 • 35 Comments It’s too risky and systematically excludes the most vulnerable people.
Competition Eats the Profits of Big Shaky Banks in Euroland: So Consolidate by Don Quijones • Mar 25, 2018 • 15 Comments The plan: Take out mid-sized banks to create a “bipolar” industry of large and small banks, and a lot less competition.
Was Carillion’s Collapse the Beginning of the End for UK’s Outsourcing Sector? by Don Quijones • Mar 21, 2018 • 23 Comments Two large British outsourcers are also on the verge of collapse, and the vultures are circling.
EU Bad-Loan-Fiasco-Reform Loses Teeth, Adds Sweeteners for Banks (Funded by Taxpayers) by Don Quijones • Mar 20, 2018 • 9 Comments After much lobbying, guidelines for banks become “non-binding expectations,” says the ECB.