Links from Del.icio.us

• Understanding Put-Call Parity | The Options & Futures Guide
  As mentioned, a useful explanation of the equivalence of a call option + cash with a put option + stock holding. The diagram is the most intuitive bit.
• Bank competition benefit questioned
  Matt Symonds, retail banking partner at Bain, warned that an influx of entrants into the UK market could have the reverse effect of encouraging lenders to take more risk as they chase new business.
• IFRS vs US-GAAP: European Banks Leverage Overstated
  Interesting graph on the impact of different accounting standards on bank's balance sheets.