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UK mortgage holiday
The government’s latest wheeze is a sketchy plan to allow homeowners, struggling with mortgages worth up to £400,000, to defer interest payments for two years
Credit Suisse
The chief executive on Thursday painted a picture of an investment banking future all but stripped of exotic derivatives and highly-leveraged products that dragged the bank into losses
e-Goldman.com
The former investment bank is considering branching out into online banking for the masses, but the internet is no quick fix
General Electric
Investors should push management to consider breaking some taboos instead of keeping up appearances
Spanish bankers
Metrovacesa’s collapse would almost be a systemic issue – its €7bn of debt is nearly a seventh of all domestic lenders’ bad loans
UK share suspensions
How embarrassing. When New Star Asset Management, the struggling UK fund manager, announced that it was in talks with lenders, it said it had asked for its shares to be suspended during the negotiations
Asian banks
Unlike their western peers, Asian banks are mostly bystanders whose main sin was lending to fast-growing economies
US housing
If house prices are to return to pre-boom levels a further 25-30% drop is needed, meaning the market is only halfway through its slump
Banco Santander
Some British banks had capital raising thrust upon them; the Spanis bank confidently pre-empted regulatory coercion with a €7.2bn rights issue
State-owned banks
When state and private interests collide, banks suffer crises of purpose – a government’s holding has to be consistent with wider policy objectives
