BBC | 12 July 2016 US officials refused to prosecute HSBC for money laundering in 2012 because of concerns within the Department of Justice that it would cause a “global financial disaster”, a report says. A US Congressional report revealed UK officials, including Chancellor George Osborne, added to pressure by warning the US it could…
RT | 8 July 2016 Max Keiser’s prediction that Deutsche Bank is the next Lehman Brothers is proving portentous, if the bank’s latest issues are anything to go by. The latest Keiser report pulls no punches on Deutsche Bank’s woes. Max, who predicted the 2008 crash, negative interest rates and the rise of virtual…
ECN | 5 July 2016 In order to stimulate their respective economies, spur borrowing efforts and try to shoot out the last bullets possible, central banks all over the world are nearing to subzero interest rates. At the present time, Japan, the European Central Bank, Switzerland and Sweden are sitting at negative territory. But more…
The New Yorker | 30 May 2016 Issue The computer technician who exposed a Swiss bank’s darkest secrets. A few days before Christmas in 2008, Hervé Falciani was in a meeting at his office, in Geneva, when a team of police officers arrived to arrest him. Falciani, who was thirty-six, worked for H.S.B.C., then the…
Wall Street on Parade | 21 April 2016 According to a study released by the Federal Reserve Bank of New York in March of last year, U.S. taxpayers have already injected $187.5 billion into Fannie Mae and Freddie Mac, two companies that prior to the 2008 financial crash traded on the New York Stock Exchange,…
Wall Street Journal | 11 April 2016 The U.S. bank has made a big bet on London’s global financial clout A vast construction site in the heart of London is a testament to Goldman Sachs Group Inc.’s $500 million bet on the city’s global financial clout. But the bank’s new European headquarters might be a little emptier…
The Free Thought Project | 5 March 2016 Last year, Baron David de Rothschild was indicted by the French government after he was accused of fraud in a scheme that allegedly embezzled large sums of money from British pensioners. It has taken many years to bring this case against Rothschild and his company the Rothschild Financial Services…
Mises | 2 March 2016 The Federal Reserve is a key component of the American Transfer State. Under the guise of “macroeconomic management,” it redistributes vast amounts of wealth on an ongoing basis through inflation. The victims of these transfers are ordinary Americans. The beneficiaries are the government and its elite cronies. The Fed masks…
RT | 14 Feb 2016 Max Keiser hit out against Deutsche Bank in the latest episode of his RT program Keiser Report, saying the bank was “technically insolvent” despite assurances from German Finance Minister Wolfgang Schaeuble that he had “no concerns” over his country’s biggest bank. Deutsche Bank shares are down 40 percent since the…
NZ Herald | 2 Nov 2015 Retrenchment will cost 29 Auckland jobs as bank joins Goldman Sachs in servicing clients from Australia. Deutsche Bank’s Frankfurt headquarters. The global banking giant is shedding 35,000 staff and will shut its NZ operation. Photo / AP Moves by global financial players to close New Zealand-based operations are disappointing…