Word: analysts
(lookup in dictionary)
(lookup stats)
Dates: all
Sort By: most recent first
(reverse)
...hawk, Fukuda a diplomatic dove. But both are products of a political system dominated not by people with the right ideas, but by people with the right names. "Second- or third-generation politicians tend to learn the techniques of the family business," says Hirotada Asakawa, a Tokyo-based political analyst, "without having any strong passions about what they want to do for the country...
...fact that Northern Rock has never really been in serious danger of going bust throughout this crisis scarcely mattered amid the clamor to withdraw funds. "When people hear the words 'emergency' and 'bail out,' then concerns outweigh those statements saying 'the bank's solvent,' " says Nic Clarke, a banking analyst at Charles Stanley in London. "It doesn't really matter if the rationale is right or wrong - they're voting with their feet...
...jitters among savers? "When people hear the words 'emergency' and 'bail out,' then concerns outweigh statements saying 'the bank's solvent,'" says Nic Clarke, banking analyst at Charles Stanley in London. "When it comes to their life savings, when they've got the choice of seven or eight other banks in the High Street where they can walk next door and deposit funds and consider them safe, the majority will do it. It doesn't really matter if the rationale is right or wrong, they're voting with their feet...
...fail, savings of up to around $60,000 are protected. For those customers with bigger deposits, the safeguards are less clearly defined. If authorities are to reassure savers in the event of another bank hitting the buffers, they'd do well to reform this system says Alex Potter, an analyst at Collins Stewart in London. For now, though, Northern Rock is trying to get back to business. "These have been troubled times," CEO Adam Applegarth said in full-page newspaper ads published today. "But Northern Rock will prevail...
...Northern Rock's problem: Its modest savings business compared to its mortgage lending arm means it leans on those wholesale credit markets for a larger share of its funding than its rivals. With that well drying up, it "hits them disproportionately," says Alex Potter, an analyst at Collins Stewart in London...