Dr Kim Kaivanto is a Lecturer in Economics at Lancaster University Management School and Programme Director of our MSc in Money, Banking and Finance. His research issues from a core interest in theoretical and descriptive models of decision making and behaviour under risk and uncertainty.
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Europe’s stress tests find 25 banks wanting, but it’s not all bad news
The European Central Bank (ECB) has announced the results of “stress tests”, which assess whether or not banks will fail, or require a taxpayer-funded bailout, if the economy were to turn sour. 130 banks in the eurozone were tested and 25 were found wanting.
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What’s gone wrong at HSBC?
As HSBC suffers under the scorching spotlight of public scrutiny once more, it seems fair to ask why the banking group so often finds itself mired in controversy.