Search Results for: Deutsche Bank

25 EU banks fail stress test

European banks

Nearly one in five leading European banks have failed the stress test conducted by the European Central Bank, which revealed a $31.2 billion (€24.6 billion) capital gap in 25 banks showing they’re not ready to withstand a three-year recession. The results of the EU-wide stress test were reported on Sunday …

Read More »

China plans to create its own World Bank

China World Bank Yuan

China is moving forward with a plan to create its own version of the World Bank, which will rival institutions that are under the sway of the US and the West. The bank will start with $100 billion in capital. The Asian Infrastructure Investment Bank (AIIB) will extend China’s financial …

Read More »

Breaking: 2013 Bilderberg attendee list released

Bilderberg Watford

Here is the official list of attendees for the upcoming Bilderberg meeting at The Grove in Watford, England, as well as the agenda. Hertfordshire, England 6-9 June 2013 Current list of Participants Status 3 June 2013 Chairman FRA Castries, Henri de Chairman and CEO, AXA Group       DEU …

Read More »

How to buy Bitcoin with bank account

For almost half a year now, the number of articles, eBooks, press releases and news pieces regarding Bitcoin and their closest cousins have been increasing exponentially. Digital assets have taken the over the internet as regular individuals try to look for efficient payment systems. Right after this currency crossed the …

Read More »

China approves the creation of BRICS bank

China brics bank

The Chinese Parliament has ratified the creation of the BRICS Development Bank. The New Development Bank was conceived as a counterbalance to such Western-led financial institutions as the World Bank and the IMF. The new bank will provide money for infrastructure and development projects in BRICS countries, that is Brazil, …

Read More »

‘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 …

Read More »

US banks shaken by biggest deposit withdrawals since 9/11

Bank run

US Federal Reserve is reporting a major deposit withdrawal from the nation’s bank accounts. The financial system hasn’t seen such a massive fund outflow since 9/11 attacks. The first week of January 2013 has seen $114 billion withdrawn from 25 of the US’ biggest banks, pushing deposits down to $5.37 …

Read More »

Australia’s biggest bank facing trillion dollar fines for money laundering

Commonwealth Bank CBA Ian Narev money laundering fines

Even the Commonwealth Bank’s staunchest critics wouldn’t have predicted this one. This is the bank potentially blowing itself up. CBA is facing fines of about a trillion dollars for nearly 54,000 breaches of Australia’s money-laundering laws dating back to 2012. A trillion dollars, which is a thousand billion. About seven times Commonwealth …

Read More »

Austrian government no longer guarantees bank deposits

Austrian government

Bank deposits in Austria will no longer enjoy state protection and a state guarantee in the event of bank runs and a bank collapse when legislation is enacted in July. The plan to ensure that the state is no longer responsible for insuring deposits has been readied by the Austrian …

Read More »

Banks may start charging for deposits

Bank deposit

The Fed’s Catch 22 just got catchier. While most attention in the recently released FOMC minutes fell on the return of the taper as a possibility even as soon as December (making the November payrolls report the most important ever, ever, until the next one at least), a less discussed issue was the …

Read More »

CNBC: we are slaves to the central banks

[youtube height=”400″ width=”550″]http://www.youtube.com/watch?v=q1KnJbBJTE0[/youtube] 6 sec: “Do we all work for Central Bankers? Is this Global Governance at last? Is it One World.. with the Central Bankers in charge?” 1 min: “To answer your question: We are absolutely slaves to Central Banks” 1 min 16sec: “Markets are driven by policy now, …

Read More »

Central banks now asking governments for help

People’s Bank of China Gov Zhou Xiaochuan ECB President Mario Draghi Fed Chairwoman Janet Yellen Bank of Japan Haruhiko Kuroda

Central bankers in charge of the vast bulk of the world’s economy delved deep into the weeds of money markets and interest rates over a three-day conference here, and emerged with a common plea to their colleagues in the rest of government: please help. Mired in a world of low …

Read More »

Australian government set to tax bank deposits

Australia Tony Abbott

The Australian Federal Government looks set to introduce a tax on bank deposits in the May budget. The idea of a bank deposit tax was raised by Labor in 2013 and was criticised by Tony Abbott at the time. Assistant Treasurer Josh Frydenberg has indicated an announcement on the new tax …

Read More »

IRS stealing money from perfectly legal bank accounts

IRS money grab

The Internal Revenue Service has been seizing bank accounts belonging to small businesses and individuals who regularly made deposits of less than $10,000, but broke no laws. And the government is refusing to return all the money taken. The practice ‒ called civil asset forfeiture ‒ allows IRS agents to …

Read More »

China, 20 others launch World Bank rival in Asia

China AIIB World Bank rival Asia

China has launched the $100 billion Asia Infrastructure Investment Bank (AIIB). Australia, Indonesia and South Korea were absent following hidden pressure from Washington concerned about the new challenge to the World Bank and Asian Development Bank. The memorandum of understanding was signed on Friday in Beijing. The development bank was …

Read More »

List of globalists attending Bilderberg 2017 and their agenda

Bilderberg 2017 list agenda

Agenda talking points and a list of participants for the upcoming 65th annual Bilderberg globalist confab have been announced. A press release from the official BilderbergMeetings.org website shows leaders of finance, media and politics will converge in Chantilly, Virginia at the Westfields Marriott starting this week from June 1-4. Members who attend …

Read More »

How your bank account could disappear

empty bank account

On the same morning we hear that ¼ of Wall Street executives think that fraud is a necessary part of “doing business” in the financial sector, we hear of a second “MF Global”. The U.S.’s so-called regulators are now reporting that somewhere around $220 million in customer funds is “missing” at a financial institution known as …

Read More »

Americans warned bank ‘bail-ins’ coming

Experts say institutions will grab deposits without warning With the United States facing a $17 trillion debt and an acidic debate in Washington over raising that debt limit on top of a potential government shutdown, Congress could mimic recent European action to let banks initiate a “bail-in” to blunt future …

Read More »