Frederick Malherbe News Today

added to the venue for hollywoods biggest awards. the field of best picture contenders features many of last years biggest box—office hits, including elvis, and everything everywhere all at once. now on bbc news, talking business. hello, everybody, welcome to talking business with me, aaron heslehurst. lets take a look at whats on the show. rates are rising around the world, so why arent more savers getting a better deal from their banks? bumper profits are expected from the worlds b...

Just not a good look. and i think that theyre looking a little wary that something like that might happen. but well see. 0k. well, on that point, liz lumley, from the banker magazine, a real pleasure having you on the show. thanks for your time, and ill talk to you soon. thank you. well, my next guest from university college london says that central banks should be looking at taking radical steps to change this situation if banks dont pass on interest rates to savers. frederick malherbe, a real ...

And the central bank is paying 4% for that in the... in the uk, other rates elsewhere in the world. but then, the question is, to whom should those interest payments go? should it be to the savers or to the bank? and so, in my point of view, it should be a bit of both, but probably much more... a much, much biggerfraction should go to the savers and for the service they provide, a small fraction should go to...to the bank. well, on that note, frederick malherbe, a real pleasure having you on the...

If the banks already are sitting on a pile of money, they dont need new deposits, theres no competition, none of this is going to work. i think it could still work. it is true that the banks are sitting on a huge pile of cash which they hold in reserves at the... at the central bank. and so in a sense, they dont need that money to make extra loans, but itjust means that there is extra liquidity in the system and the central bank is paying 4% for that in the... in the uk, other rates elsewhere in...