Search Results for: banks

‘Big five’ bank customers vent anger by taking their money elsewhere

Customer cuts up Barclays bank card

Angry bank customers have been voting with their wallets and bombarding co-ops, building societies and credit unions with applications for current accounts over the past week, after the NatWest computer meltdown and the Barclays rate-rigging scandal. Data compiled by the campaign group Move Your Money UK shows an explosion in requests to switch from …

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NatWest bank may start charging customers to hold cash

NatWest bank charge customers hold cash

NatWest has said it may start charging customers to hold cash if the economy takes a tumble. The bank warned more than one million of its customers it could introduce negative interest rates if that were to happen. This would mean customers are effectively paying the bank to hold their …

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Cyprus banks to remain closed until Thursday

Bank of Cyprus

The Cypriot finance minister has ordered all the country’s banks to remain closed until Thursday, the country’s central bank announced. Just hours before the announcement late Monday, the central bank said all but two country’s largest banks would open on Tuesday morning. The postponement could be a sign that the …

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Switzerland to vote on banning banks from creating money

Switzerland money currency Swiss

Switzerland will hold a referendum to decide whether to ban commercial banks from creating money. The Swiss federal government confirmed on Thursday that it would hold the plebiscite, after more than 110,000 people signed a petition calling for the central bank to be given sole power to create money in the …

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How hackers stole $1billion from the banks

Carbanak bank hack

Hackers in Eastern Europe are bleeding banks dry, stealing as much as $1 billion from more than 100 financial institutions in a string of attacks that borrow heavily from targeted attacks against sensitive government and industrial targets. Researchers from Kaspersky Lab on Monday will present details on the Carbanak criminal gang, which …

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Banks plan escape to London if Scots choose independence

Royal Bank of Scotland

Partly-nationalized British banks Lloyds and Royal Bank of Scotland (RBS) both say they would relocate their headquarters to London if Scots vote for independence on September 18. Recent polls indicating pro-union and independence camps are neck and neck have rocked British financial markets and pushed the pound to its lowest …

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UK banks won’t survive another recession

Bank of England London

Former Bank of England governor Mervyn King has warned that British banks are too weak to weather another financial crisis, adding that government officials haven’t “got to the heart” of what went wrong in 2008. Speaking to BBC Radio 4 on Monday, King criticised current measures being taken by the …

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OpIcarus: Anonymous shut down central banks, call for ‘online revolution’

OpIcarus Anonymous central banks online revolution

Hacktivist collective Anonymous has launched cyber-attacks on major financial institutions across the world, including the Bank of England, in order to “start an online revolution.” Hackers claimed to have taken down the Bank of England’s internal email server as part of an operation dubbed ‘OpIcarus.’ Mail.bankofengland.co.uk was down for part of …

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CNBC admits central banks rule the world

world with money

It’s a central bankers’ world, and we’re all just living in it. Entities such as the Federal Reserve and the European Central Bank in 2012 took control of global economies like never before. Based on current market and economic behavior it’s likely to be years before anything changes. After all, …

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Six banks fined $5.8 billion for market rigging

Citi JPMorgan Barclays RBS UBS

Editor’s note: these banks made billions more from their crimes, let alone received billions of $ in bailouts which the tax payers funded. So will we receive this money? Will any of these bankers ever go to jail for their crimes? If you or I committed the crimes that these bankers are guilty of we would …

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95% of Greek ‘bailout’ money went to European Banks

Greek bailout European banks

I simply cannot stress enough how important Greece is to freedom, liberty and civilization across the globe. Greece is not a one-off, or merely a small nation in big trouble that holds little relevance for the rest of us. Greece is everything. What is happening to Greece follows the exact same …

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US preparing for war with China and Russia to save the banks

Obama Putin Xi Ping

The United States is preparing for a possible war against China and Russia aimed at preventing the collapse of the Western banking system, an American political commentator and activist says. Michael Billington, Asia editor for the Executive Intelligence Review and author of Reflections of an American Political Prisoner: the Repression and Promise of …

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U.S Banks told to prepare for total collapse

Martial law is being prepared for a staged banking collapse in the late October. [youtube height=”400″ width=”550″]http://www.youtube.com/watch?v=lsp5n3Lc1hU[/youtube] This is a Red Alert! Only exposing the fact that this is staged will make them back off. Let’s get to work exposing the Banksters. Don’t sit around with a bunch of guns …

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Whistleblower: HSBC still laundering money for terrorists, drug cartels

HSBC drugs and terrorism financing

Big banks are apparently too big to jail, even when they bankroll terrorists and drug cartels, while regular people fill the prisons in the world’s largest drug population for mostly non-violent drug offences. As a former Anti-Money Laundering Officer at HSBC, Everett Stern was arguably never actually supposed to catch money …

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How the global collapse will be sold to the masses

world crisis

In our modern world there exist certain institutions of power.  Not government committees, alphabet agencies, corporate lobbies, or even standard military organizations; no, these are the mere “middle-men” of power.  The errand boys.  The well paid hitmen of the global mafia.  They are not the strategists or the decision makers. …

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Full PFG CEO suicide note

“I have committed fraud. For this I feel constant and intense guilt… The forgeries started nearly twenty years ago… Should I go out of business or cheat… I guess my ego was too big to admit failure…” CEO Suicide note details: Full PFG Affidavit here:   Source: http://www.zerohedge.com/news/full-pfg-ceo-suicide-note

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Banks can legally steal customer funds from private checking accounts

Money-out-of-piggy-bank

In 2007, the Sentinel Management Group (SMG) collapsed, leaving many customer segregated funds lost after they had been used as collateral. After a plethora of lawsuits and creditor claims, a decision earlier this month in the 7th Circuit Court placed the banking cartels ahead of customer claims for funds returned. Essentially, the …

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Greek bank run update: €100-€500 million per day

Five days ahead of the Greek parliamentary re-vote, the media propaganda machine has gone mute due to the moratorium on the RAND() known as popular polling: forgotten are the days when Syriza’ popularity rating would swing from -100 to +100 in the span of hours, Diebold notwithstanding. Which leaves the …

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