The IMF has just released its self-evaluation of its Greek lending, in which it admits to many mistakes. Charles Wyplosz argues that the report misses one important error – reliance on the Debt Sustainability Analysis..
At the moment, the general outlook for Italian banking is anything but encouraging. Bad loans in Italian banks totalled €360 billion in 2016.
Several cities are vying to replace London as Europe’s financial capital post-Brexit. What will make banks leave, and what will make banks stay? A commentary by the Professor of Banking and Finance at City University of London.
It is generally assumed that central bankers often argue over the appropriate conduct of monetary policy. Focusing on the Bank of England’s Monetary Policy Committee, there is no evidence that they disagree with one another in any meaningful sense.
Assessing the costs and benefits of the government intervention after the Chinese Shanghai Stock Exchange Composite Index dropped by a third in mid-2015, wiping out billions in share value.