By comparison you can achieve more than 4.5% on a five year bank term deposit with no risk whatsoever.
Also stirring concern is widespread speculation that the Supreme Court will rule this month that a government decree that forcibly converted bank term deposits from dollars to pesos is unconstitutional.
"It's one of the last great frontiers in the world in banking terms".
For the seven banks that failed, the total shortfall in capital was €3.5 billion, a tiny sum in banking terms.
Of the largest banks, more than a third still don't have a complete disclosure of all banking terms and fees.
"In banking terms it's a rather pedestrian service," said Wieser, who trained as a psychologist as well as in economics.
Five years of incubation, however, have only improved the show's timeliness, allowing reflections not just on the role of bankers in general but even on some familiar banking terms whose origins are Tuscan.
Sir Hector Sants, the former chief executive of the Financial Services Authority and senior banker with Barclays, told the Observer: "If you think about it in banking terms, the Church of England has the best branch network in the country.
In Bowles's case, she handed over her card to make the payment voluntarily (albeit under the perceived threat of ending up in an Indian jail) and in banking terms "authorised" the payment.
