06

Apr

Bailey rejects monetary financing as tool in virus crisis

Bank of England governor Andrew Bailey has rejected suggestions the central bank should use monetary financing to protect and boost the economy amid the coronavirus crisis, saying it would “damage credibility on controlling inflation”. Writing in the Financial Times, Mr Bailey signalled he would oppose any calls for the BoE to print money to allow the government […]

06

Apr

Stock futures rise as investors monitor corona virus case counts

Stock futures rose Sunday evening as investors braced for another week of closely monitoring developments around the global coronavirus outbreak and policymakers’ responses to the pandemic. Over the weekend, new coronavirus cases continued to rise in major centers around the world, albeit at an at least temporarily slower pace than in recent weeks. The state of New[…]

06

Apr

Digital marketing and sales as growth drivers

Due to the continuing digitalization of all areas of life, bank customers’ behavior and expectations are also changing—digital channels and therefore also digital marketing are gaining importance. Banking products should fit seamlessly into the—increasingly digital—everyday life. A survey conducted by GfK on behalf of Google and Postbank[1]reveals that almost 90 % of all bank customers initially search[…]

06

Apr

Greece, the eurozone crisis and the case against fiscal discipline

Professor Jeffrey Frankel (Why Germany must not make the same fiscal mistakes as the US, 1 October) claims that “the 2010 euro crisis would not have happened had Greece, after joining the euro, maintained the fiscal discipline called for under the stability and growth pact”. This narrative of the eurozone crisis is very familiar but also very[…]