Survey shows bank customer confidence rising
Heidi Boyle, EY's principal of Financial Services Customer Practice, says: “Despite another challenging year in the banking industry, consumer confidence has actually gone up. But banks still have some way to go to improve this—for example, increasing …
Read more on ABA Banking Journal (blog)
Can Putin pull back from the brink?
Western financial sanctions on Russia will hurt further,” Ash told the Wall Street Journal. As much as the … In June, Putin was planning to welcome the leaders of the G-8, a club of Western powers (plus Japan), in the Russian resort city of Sochi …
Read more on American Thinker (blog)
A Record Profit for Berkshire
Oil prices were up significantly, and the Bank of Russia raised interest rates on Monday after the Russian ruble hit a record low against the dollar and euro, The Wall Street Journal writes. The Nikkei 225 in Japan fell 1.3 …. R.B.S. to Cut U.S …
Read more on New York Times
Draghi weighs up measures and monetary policy
On the other hand, as Frances Coppola notes on her blog, lending is still contracting and interest rates for households and corporations in the crisis countries remain high. The real economic activity … The sterilisation sounds the most probable, as …
Read more on TradingFloor.com