Euroblog
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FixDinkum It’s now official. The world is officially upside down and has gone completely bonkers. A bank deal pricing tighter than a sovereign, what has the world come to?
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FixDinkum Interesting fact we thought we’d share with you readers. According to the reliable World Economic Forum, Luxembourg and Belgium are in the top 10 countries with the world’s soundest banks, the criteria being: on a rating of 1 to 7, do you think “banks in your country may be insolvent and require a government bail-out to generally healthy with sound balance sheet”, 1 being BAD and 7 GOOD.
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Boy wonder The bond desk here at EuroWeek has been very cultured this week, heading off to see the Francis Bacon exhibition with Bank of America. The dark and twisted images of people screaming in pain and terror seemed an apt reflection of the financial market this week.
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Bond Bitch What is there left to live for, one might well ask? Fuzzy’s Grub, the chain that specialises in greasy roast dinners and that has saved many a Goldman Sachs banker from starvation, is close to going into administration and is reviewing its options with its lenders Bank of Scotland.