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Archive for the Banking & Finance Category
Bouncing Back

Look out credit unions and second tier banks; the big end of town is muscling in on your turf, and consumers are starting to buy it.

Australia’s Big Four banks have spent millions of dollars over recent months competing for social…

Pension Deals

UK pension schemes are being forced to come up with ever more ingenious ways to cap and control their liabilities.

At the end of May it was estimated the UK private sector defined benefit schemes have a combined deficit of liabilities…

Viva Savings!

The prophesised ongoing dominance of the Spanish football team after its World Cup triumph this week is being cleverly mirrored by Spanish financial giant Santander – at least in the UK.

The group, which recently acquired three British high street banking…

Whisky Pensions

Alcohol may damage the brain but a few smart people at Diageo (the world’s largest premium drinks company) with a few brain cells between them have devised a novel way for the firm to meet its crippling UK pension obligations.

The…

Suspension Spills Trouble

The suspension of the next three quarterly dividend payments from BP has suddenly alerted many to the issue of concentration risk, or the high proportion of dividend income that comes from relatively few companies.

The risk is evidenced by the fact…

Market Viligantes

The ECB/IMF €750bn bailout package, announced on May 10th, was large enough to buy Real Madrid football club 881 times, or 3.19m homes in Ireland, but it has not impressed the bond markets, according to fund manager Schroders.

The bailout package…

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