In the midst of the hubbub surrounding the US debt crisis talks in the media, it might have been easy to miss the small reports about HSBC’s decision to shed 30,000 staff across its global operations.
The shedding of 30,000 from a total workforce of 296,000 rides on …
In a time of great uncertainty and risk aversion amongst consumers it was surprising to see the RBA release figures this week showing that Australians now owe a record $49.4 billion in debt.
Although the figure in itself is cause for concern, perhaps more worrisome is the extent …
Attracting and retaining bank customers has never been more important with the accumulation of cash savings pumping up bank coffers and the continuing uncertainty amongst consumers showing no signs of halting.
Following on from its successful ‘Break Up’ campaign, NAB has now launched the ‘Honesty Experiments’ – the …
Greece’s future – and indeed the future of the Eurozone – continues to hang in the balance after stress tests carried out by the European Banking Authority (EBA) raised more questions than answers.
The European financial community waited with bated breath for the results of the EBA’s bank …
The dismal science might be getting a battering during these volatile times, but as a former academic this burningpants correspondent can’t help viewing new developments in the financial world through the prism of basic economic principles, particularly the simple concept of substitute goods.
Don’t worry, this won’t be …
Geeks. They have knack for upsetting the set ways of a market with the introduction of new technologies that often undermine traditional distribution channels.
The music and entertainment industries are the classic example of how decentralised peer to peer networks (p2p) permit the distribution of media amongst each …
