Fundamentally, this proposed merger isn’t about creating a robust and profitable bank. It is all about German politics. Germany would suffer considerable loss of face if its largest bank were forced into the ignominious European bank resolution procedure, with creditors bailed in and shareholders wiped. How the Italians would laugh…
The strike in France continues through Christmas as we enter week four. Read here
As governments take action to fight the COVID-19 pandemic and prevent economic collapse big law firms, too, are watching the virus. Yet, their concern is not to save lives or the economy. Instead the lawyers […]
Two neo-liberals have a meeting. A Tory minister, notorious for his incompetence in public transport – or attempt to destroy its credibility, who wishes to further privatise public transport, and the CEO of an international […]
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