Author Archives: Nick Corbishley

Perhaps It’s Time to Start Worrying About Italy Again

The causes for concern surrounding Italy are growing, even as the ECB keeps a tight lid on its bond yields, pushing its debt servicing costs lower as its debt explodes higher.

Cash in the Time of Covid: Down But Not Out

Physical cash should still have an important — albeit diminished — role to play in the economy of the future.

Workers’ Wages: The Next Frontier in the Financialization of Just About Everything

As the virus crisis bites deeper and deeper into workers’ wages and household finances, big money is pouring into workplace finance initiatives.

Wall Street Mega-Landlord Blackstone Prepares to Reap the Spoils of Another Crisis

Blackstone was a big winner of the last crisis. Now, it hopes to repeat the feat, albeit using a somewhat different playbook.

City of London Frets About Life After 2020

The City’s vast financial services sector benefited hugely from the creation of the euro. Now, a large part of that business is at risk.

This Is What Can Happen When a Cross-Border Bank Merger Goes Horribly Wrong

As Banco Sabadell’s disastrous acquisition of UK TSB has shown, a bank merger can founder due to botched IT integration.

Big Banks Grow Bigger and Smaller Banks Disappear, As Mergers Return to Crisis-Hit Eurozone

A fresh wave of bank failures and mergers are set to trigger a new round of consolidation of the Eurozone’s banking system