Something’s Gotta Give #24: The big-5 that were not meant to be

The much-advertised FCA – Renault merger didn’t come to pass after all. Very unfortunate in my view. I was surprised to see however that other people were happy by this fact, citing concerns over the potential reduction in competition among carmakers. I believe such a view is flawed, and here’s why: As things are at Read more about Something’s Gotta Give #24: The big-5 that were not meant to be[…]

Monthly Focus Point, Feb19-Mar19: PSA announced record earnings for 2018.

In just five years after its near-bankruptcy in 2014, the French carmaker PSA group reported record earnings for 2018, buoyed by the success of its Peugeot 3008 and 5008 SUV models. The sales of the group jumped by 19%, to EUR74.03b, which translated in a normalized operating income of EUR5.69b, signifying a 43% increase in Read more about Monthly Focus Point, Feb19-Mar19: PSA announced record earnings for 2018.[…]

Long Story Short #14: The owner

I have dealt with the customer service departments of a slew of major companies from around the globe and they all have one thing in common: That they try to get rid of you as fast as possible. Some of them have gone so far to act in this way, even when you are trying Read more about Long Story Short #14: The owner[…]

CEOs of Cypriot systemic banks list challenges for banking sector

Just attended the event featuring the CEOs of the three systemic Cypriot banks at the University Of Cyprus. I was a bit (unpleasantly) surprised by the fact that I was the only attendee to ask something not related to the management of NPLs. NPL management is merely the result of past bad lending practices, which Read more about CEOs of Cypriot systemic banks list challenges for banking sector[…]