Tag: FT

Uncategorized

Whats next for luxury brands and wealth management

Colin Henderson

We came across this in the latest edition of Monocle. The luxury business or the business of wealth management is like everything else under serious pressure during these calamatous times. This particular years conference should be interesting and note that banks are well represented (Goldman Sachs, and Deutsche Bank) FT Business of Luxury Summit The FT Business of Luxury Summit, now in its fifth year, is the premier industry event for senior luxury executives, business leaders and financiers from around the world. This year’s Summit will debate the key issues facing the luxury industry in today’s turbulent global economic climate. … Continue reading Whats next for luxury brands and wealth management

Economy, Uncategorized

Bank capital, economy, debt, and the true meaning of Jubilee

Colin Henderson

On the topic of Bank capital this chart embedded in Greenspans article shows just how much banks business model has evolved.  In economic terms this is the corollary to extreme business and personal debt. In the years following 1840 when bank capital was approaching 60%, as banks made loans, the borrower bought things that resulted in bank deposits which can then be lent again, and again.  The velocity of capital as it is know increased dramatically until 1940 and largely remained there – till now.  As banks re-capitalise the preachings of government to lend more is the ultimate paradox. Banks … Continue reading Bank capital, economy, debt, and the true meaning of Jubilee