Reflections on the 10th anniversary of the start of the financial crisis – Lord McFall It is 10 years since BNP Paribas suspended withdrawals from three of its hedge funds – citing a complete evaporation of liquidity in the market. It…

10 Years Since the Financial Crisis: July 2007 – Credit Rating Agencies – Key Enablers of the Financial Crisis: “We Were Either Incompetent or Sold Our Soul to the Devil for Revenue” Credit Rating Agencies Moody’s and Standard and Poor’s…

EVENT: Is a Crisis Looming For Central Banks? – Lord Turner, Anthony Hilton (Evening Standard), Fran Boait (Positive Money) Tuesday 18th July, 9am-10.30am, The Attlee Suite, Portcullis House “Is a Crisis Looming for Central Banks?” – A speech by Lord…

Bear Stearns Hedge Funds, Enhanced Leverage and Frozen Markets – The start of the credit crunch On June 7th 2007, Bear Stearns sent an email to investors in two hedge funds – the High Grade fund and the Enhanced Leverage…

10 years since the financial crisis: May 2007 – RBS bid for ABN Amro – the wrong price, the wrong way to pay, at the wrong time and the wrong deal 10 years ago today an RBS-led consortium formally launched…

Banks and other financial firms have been given a £1.2 billion discount on FCA fines Banks and other financial firms which are subject to enforcement action by the FCA can receive discounts of up to 30% on their fines if…

EVENT: “Housing and the Financial Sector in the Short and Long Term: Why Are UK House Prices So High?” – Professor David Miles, Imperial College NEW DATE AND VENUE: Wednesday 28th June, 9.00am-10.15am, Committee Room 9, Committee Corridor, House of Commons…

EVENT: “What Caused the 2008 Crisis & Will There Be Another One?” – Professor Steve Keen Wednesday 8th March 2017, 9.00am-10.15am, Committee Room 14, House of Commons To read a transcript of Professor Keen’s Speech – “What Caused the 2008…

EVENT: “Open Banking: Making the Revolution Work for Customers” Please click here to view a copy of the report “Open Banking: A Consumer Perspective” by Faith Reynolds Tuesday 17th January, 9.00am-10.30am, Committee Room 14, House of Commons Speakers: Chaired by…

Could Donald Trump’s victory stop this caterpillar from damaging UK banks’ profits? The Caterpillar on the Structural Hedge Banks protect themselves against low interest rates by using structural hedges – describing this as like a caterpillar crawling along a graph…