Hints and tips:
...Its chair, Jelena McWilliams, has expressed caution about “allowing firms that are not traditional banks” into the system....
...“The yield curve is what is causing the sell-off in bank stocks,” said Brian Klock, bank analyst at KBW....
...His pay of £8.03m ($13.3m) for last year compares with $14m for Brian Moynihan at Bank of America, $14.4m for Mike Corbat at Citigroup and $20m for Jamie Dimon at JPMorgan Chase....
...Douglas McWilliams, the CEBR’s chief executive, said: “There is a risk that excessive micromanagement and regulation of pay in the City by government could accelerate the shift in financial services from...
...A week of stubborn denials by Brian Cowen, prime minister, and Brian Lenihan, finance minister, that the International Monetary Fund and European Central Bank were at the gates, pressing Ireland to accept...
...Brian Hilliard, Société Générale: No. Credit easing will take time to put into place....
...McWilliams used to be both an investment banker and an economist at Ireland’s central bank....
...Brian Hilliard, Société Générale: The productivity performance to me is misleadingly described....
...Brian Hilliard, Société Générale: Supply potential can only be significantly affected by structural measures that are slow to work and for which it is difficult to prove their effectiveness in the short...
...Douglas McWilliams, Centre for Economics and Business Research: Quite possibly 17 but more likely about 5. Even this is not certain – there might yet still be only one....
...Douglas McWilliams, Centre for Economics and Business Research: 2012 will be a pretty difficult year for the UK....
...Brian Hilliard, Société Générale: The deficit reduction programme is proceeding at the right pace....
...Doug McWilliams, CEBR I think there will need to be a lot more QE and that it is probable that this may need to involve a wider range of assets to diminish market disruption....
...Brian Hilliard, Société Générale House prices should fall by roughly 5 per cent during 2011....
...Doug McWilliams, CEBR It’s a mix....
...Doug McWilliams, CEBR I wish I could believe that the recent growth in the UK reflects a resilient economy....
...Doug McWilliams, CEBR I think the bank has lost some credibility (but so have the rest of us)....
...Doug McWilliams, CEBR The first risk is that the overall constraints to world growth mean that in the mature economies our level of world GDP or at least consumers’ expenditure rather than just our share...
...Brian Hilliard, Societe Generale No, they are not. Affordability is still poor....
...Brian Hilliard, Société Générale To a large extent – they will still be the key driver but with the USA also making some contribution next year....
...Douglas McWilliams, chief executive, CEBR Bumpy....
...Douglas McWilliams, Chief Executive, CEBR Proportionately, the shift from west to east has been accelerated by the differential impact of the crisis on the different economies....
...Brian Hilliard, Société Générale Consolidation should not start until 2011. Start with a 1 per cent of GDP cut in year 1 and then 2 per cent in year 2....
...Brian Coulton, Fitch Ratings UK growth was undoubtedly ‘pumped up’ by the global credit boom in the middle decade....
...Brian Hilliard, Societe Generale 1) Inflation in the short term because of the fall in the exchange rate and the incomplete labour market response to the recession....
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