Speaking this week at the Federal Reserve Bank of New York, IMF Chief Christine LaGarde, shone a light on the breakdown in global banking relationships, warning that that de-risking is not a localised problem because of its potential to create systemic risks in the global financial system.In their June report the IMF warned that the withdrawal of commercial banking relationships had reached “a critical level in some affected countries,” and warned that it could “disrupt financing services and cross border flows, including trade finance and remittances.” 332 more words
Tags » De-Risking
Speaking today at the Federal Reserve Bank of New York, IMF Chief Christine LaGarde, shone a light on the breakdown in global banking relationships, warning that that de-risking is… 266 more words
A few weeks ago I had the honour and pleasure of presenting on the Foreign Trade Impact of De-Risking at the Institute of Chartered Accountants’ (ICAC) … 260 more words
The 25th of June 2016 saw a momentous announcement for civil society organisations (CSOs) that few will ever hear of. It might just herald the first step towards securing the long term access of CSOs to financial services. 1,018 more words
I’ve been asked for my views on secondary annuities.
I asked myself would I trade my annuity. Of course, I wouldn’t, I wouldn’t buy one. I wouldn’t sell my state pension, I wouldn’t sell my rights to my defined benefit pension scheme, I wouldn’t even sell my right to increases on my pensions. 693 more words