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    Beware Hidden Costs as Banks Eye ‘Grexit’

    Fri, 05/25/2012 - 00:51 EDT - CNBC
    • RDF10
    • Original article
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    • Deepening Greek crisis puts ECB in eye of the storm

      Berlin (AFP) - The escalating Greek crisis puts the European Central Bank in the eye of the storm, as the only body that can prevent a banking collapse or, in the worst case, manage the consequences of a "Grexit".

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    • Banks vs Mutual funds vs insurance: Who will win the battle for wallet?

      Property and gold, India’s traditional stores of value, appear to be fast losing sheen. Instead, financial assets are gaining currency with savers, whose options largely include deposits with full-service lenders, mutual funds and insurers of life. Financial savings as a percentage of gross national disposable income rose 90 basis points to 11.8% in FY17, buttressed by increases in the three investment avenues.

    • Pettis on Debt, Malinvestments, Hidden Losses, and China's GDP

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    • Even opening a basic bank account comes with hidden costs 

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    • Central Banks Have "Over-Promised" What Can Actually Be Delivered

      Via Scotiabank's Guy Haselmann, Markets need to retreat from dependency on central bank stimulus which they falsely believe provides the magical elixir that fixes all economic and financial market woes. At some point during the past few years, central bank stimulus has gone from a net benefit to a source of financial market ailments.  Investors who have rightly arrived at this conclusion have shifted from dip buyers in risk assets to sellers of up-ticks (see January 6th note ‘Down Side Up’).

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