Tag Archives: Bank
Mr Farage taps the banks for £35bn – as predicted on this blog.
Edi Truell tells me that a few weeks back, he sat next to Andrew Bailey and Nick Lyons and suggested to the Guvnor he might like to divert some of his discretionary interest payments made on the QE debt to … Continue reading
The value of money ; cash – like vinyl – is making a comeback
My Mum gave me cash for Christmas. It came in a neat envelope and the notes were clean and uncreased. I’m looking at one of the ten pound notes now , it seems quite a novelty. I wasn’t alone. The … Continue reading
Another Sunday, another bail-out.
Part one ; what’s going on with the banks? Just how confusing news of the take over of Credit Suisse by UBS appears is in this paragraph clipped from the FT’s overnight report on the matter. “This is no bailout. … Continue reading
Dad’s army could’ve done a better job!
Until quite recently, the main sources of financial advice for small businesses were the accountant and the bank manager. The BOE’s Andy Haldane’s comments about the complexity of pensions look back to a day when these intermediaries were trusted “The … Continue reading
Let my money go!
I woke up to news that the Pension Play Pen RBS bank account can now be accessed by my iphone using fingertip security. Apparently mobile technology has outwitted clunky old pc technology which makes my thumb all that stands between … Continue reading
The great pension bank robbery
I give 2 ½ cheers George’s pension package, the “½” being for the complex misrepresented “death-tax” changes which are regressive, complicated and could easily have been dealt with using inheritance tax legislation already in place. I give no cheers … Continue reading
How pensions are impacted by the bank bonus culture
State Street need something better than the “need and greed” culture that fostered these frauds and Mastertrusts and IGCs need something better than the toothless response to these excesses Continue reading
Don’t put your swaptions on the stage Mrs Redington!
This post has been prompted by the very progressive @redingtontweets feed which recently asked it’s excited readership (Well me!) Would you be interested in a lower return on your #DC#pension in exchange for a perpetual floor of 80% of your #asset value? … Continue reading
Thank RBS for a Pension and Payroll lesson .
The last few days have not been good for those relying on RBS – be it their own , their employers’ or of their creditors’ RBS bank account. We have become reliant on our banking system and as Robert Peston put it … Continue reading