Tagged: banks

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It is all about the banks yet again

by Shaun Richards If there is a prime feature of the credit crunch in the financial world it is the woes and travails of the banks. That is quite an anti-achievement when you consider...

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Five Big Banks (JPMorganChase, UBS, RBS, Barclays, citigroup) Plead Guilty to Rigging Currency Markets — Collectively these Five Banks Have Over 300 Corporate Fines & Settlements in the Last 20 Years…No One Goes to Jail–Just a FINE

https://docs.google.com/spreadsheets/d/1t0Tb5H7V_OkOuLM9kaiPmszXb3L5wS2g7Tc5dG7v9yM/edit#gid=0 Further Info: No Wrongdoing Here, Just 6,300 Corporate Fines and Settlements* Posted on May 6, 2015 by Charles Hugh Smith Despite the PR about how corporate profits benefit widows and orphans, this vast...

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ECB Declares Two Italian Banks Have Failed

by Martin Armstrong The European Central Bank (ECB) has announced as of June 23rd, that it was declaring two Italian banks insolvent. Veneto Banca SpA and Banca Popolare di Vicenza SpA have failed since...

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Has Warren Been Bought By Big Banks?

by tsukeisawa The Republicans have started work on undoing the damage done to the banking industry by Dodd-Frank. Predictably Democrats like Elizabeth Warren have gone all out in defending this bill. It is one...