For Trump, being unable to spell “unprecedented” correctly may not be a problem at all, considering all the other problems the new American President is creating for himself, for his country and, potentially for the whole world. Besides, he makes gaffs and creates controversies on Twitter all the time.
Still, I think they should just take away his phone. I mean, the inability to spell may not be embarrassing to Trump, but it is a problem to the American presidency as an office.
We’re digressing. So let’s pivot and read a few media examples of banana skin:
1. The current appetite by European banks for expansion in the US may revive painful memories of transatlantic forays into the world’s largest economy, writes Peter Thal Larsen in London. In the past few years, BBVA, BNP Paribas of France and Royal Bank of Scotland of the UK have all made acquisitions in the US, while Santander of Spain acquired a minority stake in Sovereign, the regional US lender. ABN Amro of the Netherlands also has a large presence in the mid-west through its LaSalle subsidiary.
The attractions of the US market are clear: it is large and still relatively fragmented, and the continuing influx of immigrants means that it is expected to carry on growing at a faster rate than most European economies.
What’s more, banks wanting to expand in the US face fewer potential barriers than they do in Europe, where political hurdles to cross-border consolidation can prove hard to negotiate.
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