12 August 2012

During the week I attended a farewell function for a retiring colleague. The turnout was impressive, a sign of deep respect earned over a career at the bank spanning more than forty years. In the speeches, a recurring theme was trust. The primary business of a bank is lending money, which exposes the bank to […]

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A way with words

4 January 2011

Sometimes the things that are unsaid are far more telling than the things said. I had cause to reflect on this when I stumbled across a book on my shelves that I have not opened for many years. The book, entitled “Deutsche Bank: Dates, facts and figures 1870-1993”, is an English translation of the year-by-year […]

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Bank funding costs

16 November 2010

Digging into the data suggests that banks are not lying about their funding costs going up, but are they charging too much on mortgages anyway?

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