Category : Banking crisis

May 28, 2018 - 3:49:54 AM

Banks have been fined $243 billions since the financial crisis

Banks have been sanctioned and payed shocking fineds for a total of $243 billion since the last financial crisis.

May 23, 2018 - 3:22:07 AM

House votes to ease bank rules, sending bill to Trump's desk

The House voted to pass a bill to roll back regulations on all but the largest banks.

May 23, 2018 - 3:12:35 AM

Why European Banks Are in Trouble

2018, that is about 291 percent of GDP. European banks are in trouble for several reasons.

May 21, 2018 - 6:03:02 AM

Lagging inflation and indecisiveness could delay Bank of Japan’s exit from easing

The Bank of Japan’s preferred inflation gauge fell for the second straight month in April, dropping from 0.9 percent in the previous month to 0.7 percent, as consumer prices refuse to cooperate with the BOJ’s 2 percent inflation target, according to government data released Friday.

May 17, 2018 - 6:45:14 AM

Hong Kong is taking the fight to money launderers

A Hong Kong government report says money laundering puts the city at "medium high" risk, with the banking sector risk labeled "high."

May 16, 2018 - 7:10:22 AM

Central bank gold demand was up 42%

Net central bank purchases totalled 116.5t in Q1, 42% higher y-o-y and the highest Q1 total since 2014.

May 16, 2018 - 7:08:53 AM

Thieves suck millions out of Mexican banks in transfer heist

Thieves siphoned hundreds of millions of pesos out of Mexican banks, including No. 2 Banorte, by creating phantom orders that wired funds to bogus accounts and promptly withdrew the money, two sources close to the government’s investigation said.

May 15, 2018 - 7:11:45 AM

Why negative interest rates are inevitable

The big six central banks now own 40% of global GDP, which is more than double the 17% they held before the financial crisis.

April 19, 2018 - 7:03:45 AM

ECB fears for withdrawal of €1.1TRILLION Deutsche Bank and impact on the global economy

THE EUROPEAN Central Bank has moved first to protect global financial markets from the potential chaos caused by Deutsche Bank winding down the trading of $1.1 trillion assets on its balance sheet.

April 18, 2018 - 6:15:18 AM

China central bank announces surprise cut in bank reserve requirements

China's central bank said on Tuesday it will cut the amount of cash most commercial and foreign banks.

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