Quotes of the month

“Whereas western European banks are afraid to go to the Balkans because they’re not used to the environment of corruption, black money and illegal activities, we are used to this here in Greece”

“Whereas western European banks are afraid to go to the Balkans because they’re not used to the environment of corruption, black money and illegal activities, we are used to this here in Greece

A slightly embarrassed Greek analyst explains the confidence of the country’s banks in expanding in southeastern Europe 

“Just having sharks in the tank is not a successful model. We want to have the sort of clients that market-makers want to provide liquidity for”

Cliff Lewis, CEO of Currenex, explains the rationale behind the sale of the business to State Street Global Markets.

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