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!”

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