The unbelievable mercy of UK banks

June 28, 2011

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

What do you call an entire economy which sweeps its insolvencies under the carpet and hopes that something will turn up?

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.