Some euro zone banks need extra buffers amid slowdown: ECB

“The continued build-up of buffers could therefore be justified, especially in those countries where the long upturn may have led to an underestimation of credit risk or where private indebtedness is particularly high or rising.”


Model use and misuse by David Rule

A model applies theories, techniques and assumptions to process input data into quantitative estimates for a particular purpose.


Who are the UK’s most generous millionaires?

At a time when fewer Rich Listers are donating significant sums, the Garfield Weston Foundation gave away its billionth pound last year. Clare Grant and David Paul report