A mortgage milestone will soon be reached in Australia – the consolidated $1 trillion outstanding mortgage book – yet whether this is a cause to celebrate or not remains unclear.
It’s likely there will be no champagne falling from the heavens, and no trophy for the borrower who …
Recently or soon-to-be unemployed UK financial services professionals are lowering their expectations in the sector as jobs become less prevalent and the downturn kicks-in.
burningpants was on the streets of London this week and last meeting with clients and spending time listening to how businesses are faring.
One …
The slow train wreck that is margin lending continues its downward spiral, with the Reserve Bank of Australia revealing on Friday that margin calls in the final quarter of 2008 hit an all time high.
In its February Statement on Monetary Policy the RBA revealed there were 10 …
The British public has developed an insatiable, and some suggest an unhealthy, obsession with celebrities over the past few years with a dozen or so tabloids feeding this appetite on a daily basis with a bounty of forest-felling salacious stories.
Yet the move yesterday by major figures in …
In 2007 more than ₤15 billion was paid in bonuses to bank staff in the UK at a time when some were lending too much and marching their respective businesses into unchartered waters.
Now, the British Government has announced a review of banks and the way bonuses are …
