Open trading account 
In recent months, a lot of concern has been expressed about a possible risk event emanating from China. This is related to concern about the aggressive and excessive growth of credit that many believe is unsustainable due to the high risk of the projects that are being funded. Another major concern is that many of the companies funding projects across China are non-financial companies who have excess reserves that they prefer to lend instead of placing in low interest -bearing savings accounts.…
Community Blog
Barclays: Friend or Foe?
You might have noticed that Barclays declared that they will raise capital, mainly through a 1 to 4 rights issue at a deeply discounted price. By itself, this announcement is pretty significant, but it brings to a head a `quiet war` that has been rumbling on since Barclays turned middle east towards salvation back in the dark days of 2008. The PRA (the newly formed regulatory arm of the Bank) has clearly set out its stall by insisting that levels of capital held by our banks should be (in simp…