Chaos is a complex system ruled by discernable patterns where the agency of minute initial changes creates hugely different outcomes. The chaos system, while appearing predictable early on, thus cannot…
Tag:
Banking
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Seven years ago Leila (a pseudonym) and her husband began their life together. Like most couples in Lebanon, they felt pressured to purchase a home right away instead of renting,…
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In this day and age, when someone asks how we’re doing, we often reply with “busy.” We wear our busyness with pride — framed as an indicator of how much…
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Money can’t buy happiness, but it can sponsor cultural events that enrich life in a country that is brimming with troubles. While the primary purpose of a bank is monetary,…
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Money can’t buy happiness, but it can sponsor cultural events that enrich life in a country that is brimming with troubles. While the primary purpose of a bank is monetary,…
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Absolute discretion; the strength of character that engenders trust; the emotional intelligence that enables one to gauge a client’s needs, wants and insecurities; and a keen financial mind. Such are…
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On the list of what separates humans from our primitive ancestors, one activity usually gets neglected: lending with interest. Finance seems embedded in our DNA. We have debt records that…
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Playtime is over. Nearly one year after calling for unregulated lenders to step out of the shadows, Banque du Liban (BDL), Lebanon’s central bank, imposed new restrictions and reporting requirements…
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Fear, adoration and envy are emotions with great relevance to human and business relations. If we don’t look at a leader in fear or adoration, we often look at her…
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It has been documented beyond any question that when it comes to discussions of the outlook for the future, bankers are no more endowed with privileged knowledge or exclusive insights…
