The current crisis is not the worst the world has ever faced as Western economies have learnt much from past mistakes.
Latest articles from Leaders
Throwing the baby out with the bath water
August 4, 2008Shareholders who oust hitherto successful CEOs for problems not of their making are being shortsighted.
TPG reaps rewards from rescue deals
July 1, 2008Private equity firm TPG has used its negotiating prowess to acquire cut-price shares from WaMu and B&B – in return for much-needed rescue capital.
BRIC banks profit as European and US grip on Top 1000 loosens
July 1, 2008The global financial landscape is changing, reflected in US and European dominance of the Top 1000 banks beginning to wane.
Kuwait’s direct action holds useful lessons
June 2, 2008Targeted intervention, such as that imposed on borrowing limits by Kuwait, could work in other problem areas of banking.
Central banks cannot do miracles
June 2, 2008There are no simple solutions to curb rising inflation, yet central banks will be expected to find them as political fallout mounts.
Inflation casts shadow on EBRD meeting
May 5, 2008Eastern Europe’s growth spurt looks unsustainable in the light of spiralling inflation – a glum thought for the Kiev gathering.
An easy target in the blame game
May 5, 2008Instead of asking tough questions about the macroeconomy and shareholder pressure, people are blaming bankers for the credit crisis.
Google moves into the online banking picture
April 7, 2008Could Google revolutionise the world of online banking? Its involvement as a platform is looking increasingly likely.
Politically driven post-crisis legislation must be avoided
April 7, 2008A regulatory backlash is almost certain to follow the current trail of bail-outs and mortgage guarantees. Banks must ensure they have a say in any reform process or face the burden of further legislation.