Nick Corbishley

Hit from All Sides, European Bank Stocks Swoon to 1988 Low

Leaks about money laundering, a resurgent Pandemic, China risks, exposure to Turkey’s financial crisis, all in a negative-interest-rate environment that is toxic for banks.More

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On Concerns about Turkey’s Financial Health, Lira Dives to New Low, Cost of Insuring Turkish Sovereign Debt Nearly Doubles

The heavy weight of debts denominated in foreign currency. Borrowing in dollars & euros is cheap until it isn’t.More

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What’s to Be Done Now with All These Zombie Companies?

Saving the Zombies in EuropeMore

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How Spain Became a Squatter’s Paradise

For many, squatting is a desperate last resort. For others, it’s a lifestyle choice or political statement. Barcelona, ground zero of the phenomenon, attracts squatters from all over Europe.More

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Unprecedented Stimulus Is Fueling an Explosion of Fraud, Governments Begin to Admit

“If you discover at a later stage that there was Mafia involvement, how do you undo what you’ve already done?”More

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“Prolonged Period of Risk to Institutional and Retail Investors of Further – Possibly Significant – Market Corrections”

European Market Regulator flags big issues, including the “decoupling of financial market performance and underlying economic activity.”More

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Work from Home Gets Entrenched: Embraced by Workers & Businesses in the UK, it’s Upending Real Estate, Retail, Restaurants, Bars, Cafés

“The contract between society and business has changed forever. The office will become a convening place where you get teams together, but the work will be done in people’s homes.”More

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€22Bn Hedge Fund H2O, Majority-Owned by Natixis, Ordered to Freeze Funds. Fishy Smells Emanate.

“Valuation uncertainties.” And the trail of the Windhorst bonds.More

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Office Towers in Hong Kong Battered from All Directions: Big Haircuts for Investors amid Falling Rents and Rising Vacancies

As so often, this started well before Covid, but Covid is speeding up the process.More

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Small Landlords, Tenants, Lenders, Governments Grapple with “Extend-and-Pretend Forevermore”

Most of the fallout from the Pandemic has been postponed in the UK. But then what?More

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