We are monitoring confidence in the banking system as reflected by cash withdrawals. The sale of home safes has exploded in many countries. I previously reported...
Central bankers these days are seriously trapped. They cannot now reverse their policies for that means they have to admit that they have failed. This is why the...
Is a the European bank rally sustainable? European banks continue to rally marginally following the release of the European Bank Authority stress test. However,...
This week, a German cooperative savings bank in the Bavarian village of Gmund am Tegernsee with less than 10,000 in population, announced it will begin charging...
The European banking crisis is spreading rapidly. There are now concerns in Italy and in Portugal as well. The ECB cannot even understand why people would not want...
QUESTION: Hello Martin, If i have exposure to various banking counterparties in europe – what do i do from running a fund mgmt business as i m a bearish on...
QUESTION: Mr. Armstrong, why are Italian banks in worse shape than most other countries. What happened to the bail-in program of the ECB? Can you explain why Italy...