Britain eats (leverages) its young

November 22, 2011

James Saft is a Reuters columnist. The opinions expressed are his own.

Four years, several failed banks and at least one global recession later, Britain has finally discovered what its young people need: 19-1 leverage.

No jam today or tomorrow for Britain

February 17, 2011

Poor Mervyn King — damned if he doesn’t raise interest rates, futile if he does.

UK banks and the curse of interesting times

December 21, 2010

James Saft is a Reuters columnist. The opinions expressed are his own.

HUNTSVILLE, Ala — It is going to be an interesting 2011 for British banks, which face funding hurdles and exposure to troubled sovereign debt and property markets.