Almost £1bn deposited with Icelandic banks because they paid a 1/4 point more!

The Credit Crunch 1 Minute

Not a lot to say here except “do you remember your first lesson in finance?” “Well, it was about risk and return”. Does 1/4 point return really compensate you for the risk of an Icelandic bank over and above a UK bank?

Published by jimlove

Published

One thought on “Almost £1bn deposited with Icelandic banks because they paid a 1/4 point more!”

Leave a Reply

Fill in your details below or click an icon to log in:

Gravatar
WordPress.com Logo

You are commenting using your WordPress.com account. ( Log Out /  Change )

Google photo

You are commenting using your Google account. ( Log Out /  Change )

Twitter picture

You are commenting using your Twitter account. ( Log Out /  Change )

Facebook photo

You are commenting using your Facebook account. ( Log Out /  Change )

Cancel

Connecting to %s