UBS

Did Latin America Gradually Turn Left? Or Neoliberal?

To the superficial observer, it may be a blessing the despots and dictators, human rights abusers, like Argentina’s Mauricio Macri, Colombia’s Iván Duque; Ecuador’s Lenin Moreno; Chile’s Sebastián Piñera; to name just a few, are gone, have disappeared from the Latin American political arena, in what was made believe to be democratic elections. Good, you […]

A Devil’s Advocate Rings in a Bad Night for Bankers

-by Skip KaltenheuserIt was a long hard slog to publish Lucifer's Banker. Had Brad Birkenfeld managed to get his book out say, a year or so earlier, we might not be staring at the political train wreck we are now. It might have changed the political landscape, perhaps the standard bearers. Maybe even elevated different issues for the last lap beyond the cursory checklist now fed us. But I’m glad it’s arrived.

Bank Crimes Pay

November 13, the United Kingdom’s Serious Fraud Office (SFO) announced it was charging 10 individual bankers, working for two separate banks, Deutsche Bank and Barclays, with fraud over their rigging of the Euribor rates. The latest announcement shines the spotlight once again on the scandals and criminal behavior that have come to define the world of global banking.