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Clydesdale takeover could see ‘lots of Scots thrown out of their homes’, says expert

By Ian Fraser Published: Sunday Herald Date: September 11th, 2011 NBNK REFUTES CLAIM AS SPECULATION OVER BANKING DEAL GROWS BY IAN FRASER The possible sale of Clydesdale Bank to an untested London-based shell company, NBNK Investments, risks triggering a rash of home repossessions and corporate bankruptcies across Scotland, according to a leading European banking expert. […]

September 11th, 2011 | Posted in Article Library,Latest Articles | Read More »

Norway’s ‘safe haven’ status could harm its economic health

By Ian Fraser Published: QFINANCE Date: September 8th, 2011 Few countries have been as well-cushioned from the global economic crisis as Norway. The country’s economy is on track to grow by 3% this year and 3.75% next year, according to central bank forecasts. Alongside Switzerland, Norway has the lowest level of unemployment in Europe, at […]

September 8th, 2011 | Posted in Article Library,Latest Articles | Read More »

Cameron must not go soft on the banks

By Ian Fraser Published: Sunday Herald Date: September 3rd, 2011 As leader of the opposition, David Cameron gave the impression he intended to be tough on the banks. In an interview with Sky News in January 2009, he called for criminal actions against bankers and earlier said we needed “a day of reckoning” for those […]

September 4th, 2011 | Posted in Article Library,Latest Articles | Read More »

Europe’s short selling bans suggest the lessons of 2008 have gone unlearnt

By Ian Fraser Published: QFINANCE Date: August 12th, 2011 The temporary short selling bans that have been imposed by Belgium, France, Italy and Spain in the hope of rooting out perceived market abuse and trying to restore a semblance of calm to volatile financial markets have gone down like a lead balloon in the markets. Investors, industry […]

August 12th, 2011 | Posted in Article Library,Latest Articles | Read More »

The US downgrade has benefited Treasuries but sent France and French banks reeling

By Ian Fraser Published: QFINANCE Date: August 11th, 2011 When Standard & Poor’s took the momentous decision to strip the US of its ‘AAA’ credit rating on August 5, it didn’t have quite the apocalyptic consequences some had feared. But it has still shown that, despite being widely discredited over their handling of CDOs in […]

August 11th, 2011 | Posted in Article Library,Latest Articles | Read More »

It’s too early for Europe’s leaders to crack open the Champagne

By Ian Fraser Published: QFINANCE Date: July 26th, 2011 The package of measures thrashed out by French president Nicolas Sarkozy, German chancellor Angela Merkel and other European policymakers at their emergency summit on July 21 was immediately hailed for its boldness. After months of prevarication the continent’s leaders seemed to have pulled out all the […]

July 27th, 2011 | Posted in Article Library,Blog,Latest Articles | Read More »

Italy offers a warning

By Ian Fraser Published: Sunday Herald Date: July 17th, 2011 There aren’t many signs of national bankruptcy in Siena. There is the odd boarded-up shop and the occasional “everything under 99c” store but the cafes are full and la dolce vita goes on. So it came as a shock to find that Italy is being lined […]

July 17th, 2011 | Posted in Article Library,Latest Articles | Read More »

The Osborne Ultimatum: banks must split or else

By Ian Fraser Published: QFINANCE Date: June 17th, 2011 The announcement from Chancellor of the Exchequer, George Osborne (pictured above), that British banks are going to be forced to “ring fence” their retail and commercial banking (“utility”) activities from their investment banking (“casino”) activities has received wildy different receptions on either side of the Atlantic. […]

June 17th, 2011 | Posted in Article Library,Blog,Latest Articles | Read More »

Clydesdale suffers £3bn setback in bid to buy Lloyds branches

By Ian Fraser Published: Sunday Herald Date: May 29th, 2011 FSA demands raise capital cost of acquisition, while Sir Richard Branson say he expects to bid for 600-plus network. By Ian Fraser Clydesdale Bank has lost its leading position in the race to acquire the 600-plus branches that Lloyds Banking Group has to sell, as […]

May 29th, 2011 | Posted in Article Library,Latest Articles | Read More »

Conflicts of interest a big issue for banks

By Ian Fraser Published: Financial Times Date May 23rd, 2011 As Antonio Horta-Osório, chief executive of Lloyds Banking Group, weighs up whether or not to sell Scottish Widows Investment Partnership, the bank’s asset management arm, the consensus in the City is that he should plump for a sale. He is due to announce the decision […]

May 22nd, 2011 | Posted in Article Library,Latest Articles | Read More »