…
FOX Business Network (FBN) Senior Correspondent Charlie Gasparino reports Barclays Plc “wants to expand outside the UK” but that “regulators may prevent them from doing this because they want to preserve capital because of the sovereign debt crisis.”
Watch the
Read More »
…
The Volcker Rule, part of last year’s Dodd-Frank financial regulation law, which debars banks from participating in risky proprietary trading, has drawn stiff opposition from finance ministers from around the globe. A specific tenant of the rule that says that
Read More »
…In light of Ben Affleck’s recent movie release, The Town, which focuses on bank robbers in Boston, take a look at some of the most dangerous areas in America, through the lens of some of the most famous bank robberies
Read More »
…LONDON — European banks have been busy.
Financial institutions on the Continent have raised at least 40.7 billion euros, or $52.8 billion, in new capital as of the fourth quarter of last year, according to estimates by Citigroup.
The effort
Read More »
The meltdown.…
The Danish Central Bank announced towards the end of November 2011 that they would extend loans with security in “good” bank loans. Since then they have had some trouble finding out what that is these days.
On the
Read More »
…The leaders of the International Monetary Fund, the World Bank and the World Trade Organisation on Friday issued a warning about the economic and social risks of austerity programmes in a “call to action” designed to boost growth and fight
Read More »
Reuters’ Scotty Barber… just posted this fantastic chart showing how low bank PEs are relative to the rest. Lots potential for them to rise, just if things don’t totally collapse.
You aren't subscribed?
If you enjoyed this post, you
Read More »
…
Treasury Secretary Timothy F. Geithner, right, confers with Federal Reserve Chairman Ben S. Bernanke in July. (Jay Mallin, Bloomberg)
Despite signs of trouble for the nation’s overheated housing market in 2006, there was plenty of banter and laughter around the
Read More »
…Wall Street pay is set to be reduced after a dismal year but the cuts won’t spare banking chiefs from potentially bruising encounters with investors during coming shareholders meetings.
Investors ranging from charitable foundations to large state pension funds are
Read More »
(…Reuters) – Organized crime has tightened its grip on the Italian economy during the economic crisis, making the Mafia the country’s biggest “bank” and squeezing the life out of thousands of small firms, according to a report on Tuesday.
Read More »
…Rising cybersecurity threats are pushing big banks to do something that doesn’t come naturally for these secrecy-steeped institutions: share information with one another.
This month, security officials from Wall Street financial firms, including Morgan Stanley and Goldman Sachs Group Inc.,
Read More »
One of the best educational video I have ever seen in my life. The video embedded below shows you how exactly Federal Reserve with banks are looting public legally.
ValueWalk Premium Subscription Includes:
3 Write-ups per month (EXCLUSIVE content that …
Read More »
…Forget “you are what you eat.” When it comes to your trustworthiness as as borrower, you are who you know … online.
Social networks are now being used by some lenders to evaluate whether you’re likely to pay them back.
Read More »
The market takes action against firms that carry positions bigger than their funding base can handle. Temporarily, things may look good as the position is established, because the price rises as the position shifts from being a marginal part of the market to a structural part of the market. After that happens, valuation-motivated sellers appear 
Bank foreclosures and abandonment are causing high home vacancy levels in
…
neighborhoods across the country. Scott Pelley travels to Cleveland, a city that’s fighting back against blight.
Transcript:
Chances are the home you’re in isn’t worth what it used to
Read More »
