BankThink

Receiving Wide Coverage ...

Good Euros and Bad Euros: The accomplished fact of losses for large depositors to resolve Cyprus' insolvent banks rippled through markets, newspapers and the commentariat. German Chancellor Angela Merkel's hard line against the offshore banking haven prevailed, but fresh worries that depositors in other countries with weak banks might flee reinvigorated doubts about the viability of the euro. An interview in the FT with Eurogroup President Jeroen Dijsselbloem was a focal point....

Our best chance to counter the government policies that caused the crisis (and continue to endanger the banking system) is, paradoxically, another distasteful state intrusion.

Receiving Wide Coverage ...

Cyprus Bailout: Remember that time back in college when your professor told you your score on the final exam would be the entirety of your grade, so you sort of blew off those little quizzes he gave throughout the semester? And how you ended up panicking a few days before the test, staying up all night on coffee or something stronger, and miraculously pulled off a B-minus? ...

If he supported size regulations on big banks, JPMorgan's CEO would help revamp his increasingly tarnished image and help put the entire financial industry on the path to redemption.

Receiving Wide Coverage ...

Fearing a Minsky Moment: The more stable financial markets appear, the more unstable they're becoming. Until a crisis — or Minsky moment — hits, that is, when everyone rushes for the exit simultaneously. Such a moment appears to be on the minds of banking regulators these days. They warned on Thursday about the dangers lurking in the booming market for loans to struggling companies. The controls and quality checks applied by lenders...