Nick Corbishley

Liquidity Crunch Mangles UK Equity & Real Estate Funds

Exodus from funds with illiquid assets forces more funds to block redemptionsMore

View post to subscribe to site newsletter.

HSBC Runs into Buzzsaw in Hong Kong & China, its Home Market Generating 75% of its Profits

HSBC’s pleas of innocence have won little sympathy in BeijingMore

View post to subscribe to site newsletter.

Argentina Crisis Slaps Foreign Banks & Companies Operating in the Country

Peso collapse and inflation force Spanish companies and banks — second largest investors in Argentina, behind US companies — to tally their losses.More

View post to subscribe to site newsletter.

One of World’s Construction Giants Admits Using Risky Hidden-Debt Loophole “Across Group.” Australian Subsidiary Crushed

This “crack cocaine for CFOs” was also extensively used by Carillion until it collapsed.More

View post to subscribe to site newsletter.

Investor Sentiment Goes to Heck After Draghi’s Easing Promise

Bitter irony: As Draghi’s term is about to end, investor expectations plunge to where they’d been when he made his “whatever it takes” speech in 2012.More

View post to subscribe to site newsletter.

UK Auto Production Plunges to 7-Year Low on Slumping Global Demand & “No Deal” Brexit Fears

Investment in the auto sector grinds to a haltMore

View post to subscribe to site newsletter.

ECB’s NIRP-Forever Policy “Destroys Banks’ Profitability Equation”: Bankia CEO. Spanish Banks Reel. Problems Stack Up

Spain’s Big Five banks (already down from the Big Six) could soon be four.More

View post to subscribe to site newsletter.

Hit by Epic Construction Downturn, Mexico Faces Reality: New President Tries to Get Folks to Play by the Rules, and Everything Stalls

Construction industry has worst month since 2006, fourth month in a row of declines.More

View post to subscribe to site newsletter.

Another UK Fund Just Slammed its Doors Shut on Investors

This time, a fund liquidity crisis traps institutional investors, including pension funds.More

View post to subscribe to site newsletter.

Not Helpful for Crushed European Bank Stocks: Stress Test a Sham, European Court of Auditors Warns

Just when European banks need to inspire confidence more than ever.More

View post to subscribe to site newsletter.