The New York Times reports, on May 30, 2018: Big Banks to Get Reprieve from Volcker Rule Big banks are getting a big reprieve from a post-crisis rule aimed at curbing risky behavior on Wall Street. Federal bank regulators on Wednesday unveiled a sweeping plan to soften the Volcker Rule, opening the door for banks […]
Tag: bank
The Bowler Hat as a banking icon
How has the Bowler Hat featured as part of the iconography of the banking industry? For answers, turn to Jane Davison, BA (Liverpool), MA, PhD (London), FCA, FHEA, who is Professor of Accounting at the Royal Holloway, University of London. The professor’s paper on the subject ‘Icon, iconography, iconology Visual branding, banking and the case […]
Hitting-yourself-in-the-head for profit, hypothesized
If you repeatedly bang yourself in the head, with the proper force, in the proper spots, someone will throw money at you. That appears to be the idea explained and (with the exception of the money) demonstrated in this video: The person hitting herself in the head identifies herself as Erica Awakening. She provides further […]
Economists’ advice for bank robbers
When economists train their sights on robbers, the point traditionally is to study those who loot on the grandest, most legal scale and who are called “financiers”, and also (if there be consulting fees) to assist those persons. Economists Barry Reilly [pictured here] of the University of Sussex, and Neil Rickman and Robert Witt of the University of Surrey, went against […]
Bank gives its customers “funny money”
A sign of recovery in the banking industry: Citibank invites its customers to a gambling event at which “The games will be played with ‘funny money’ provided by the bank.” The cover letter accompanying their invitation [a portion of the invitation is reproduced at right] reads: As a token of our appreciation to you, our […]
Ig winner Hsieh is found
2007 Ig Nobel Economics Prize winner Hsieh Kuo-cheng — who was feared to be dead or missing — is alive and well. And apparently, he is pleased at winning an Ig Nobel Prize. A November 5 Taipei Times article reports: Ig Nobel winner talks inspiration Imagine this: A robber goes into a bank with a […]