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FILTER RESULTS ►Important Information for the June 30th Deadline to Report Foreign Bank Accounts
Americans who have bank accounts in foreign countries may need to file a special report with the U.S. Treasury Department. The Report of Foreign Bank and Financial Accounts (FBAR) is required of individuals and businesses if they have...Show More Summary
Banks brace for cyberwarfare drill Quantum Dawn 2
Come Jun 28th, Wall Street outfits including the likes of Citigroup and Bank of America will be under siege -- from fake hackers, that is. Representatives from a total of 40 companies along with the Federal Reserve, Securities and Exchange...Show More Summary
Tuesday Watch
Evening Headlin es Bloomb er g: China Banking Stress May Come Faster on Cash Crunch, Fitch Says. China’s worst cash crunch in at least seven years is an indicator of shadow lending gone awry and a banking crisis may appear earlier than expected if liquidity remains tight, according to Fitch Ratings. Show More Summary
Robert Wade: Elite Denial of Corruption and Inequality – World Bank Case Study
Yves here. While readers may think development policy has limited relevance to US and advanced economy readers, the IMF and World Bank have been and continue to be vehicles to make the world, particularly smaller or otherwise more influenceable regimes, more friendly to the interests of US multinationals. Show More Summary
Eight Questions: Joe Zhang, ‘Inside China’s Shadow Banking’
A conversation with Joe Zhang, author of “Inside China’s Shadow Banking: The Next Subprime Crisis” about financial reform, regulatory roadblocks and where China’s subprime risks lie.
Obama says Bernanke has ‘stayed a lot longer’ than he wanted at Fed
WASHINGTON (Reuters) - President Barack Obama hinted in an interview aired on Monday that he may be looking for a new chief of the U.S. Federal Reserve Bank, saying current Chairman Ben Bernanke has stayed a lot longer than he had originally planned.
China May home prices rise at fastest pace this year
BEIJING (Reuters) - China's house prices rose at the fastest pace this year in May from a year earlier, though the pace of gains eased from the previous month, highlighting the dilemma facing the central bank as it balances the need to support the econ...
Exclusive - Deutsche Bank 'horribly undercapitalized': U.S. regulator
``Hoenig staked out a reputation as a dissenting voice against the Federal Reserve's loose monetary policy in the immediate aftermath of the financial crisis when he was president of the Federal Reserve Bank of Kansas City. He's also...Show More Summary
Elizabeth Banks Shops At The Farmer’s Market With Her Son Felix
Elizabeth Banks was spotted out on Sunday picking up some fresh produce at the farmer's market in Studio City.
David Stockman's Non-Recovery Part 1: Post-2009 Faux Prosperity
Few others are better equipped to comprehend both the insider's and outsider's perspective on what the government, the Fed, and the banks are doing in this so-called 'recovery' we are experiencing than David Stockman. Nowhere does he detail this better than Chapter 31 of his new book 'The Great Deformation'. Show More Summary
Miscellaneous and Fast
Good news: Sensory Dispensary is back. Scientific American: Do artists differ from bank officers? Well, no wonder I haven't bought an iPhone. They cost more than $30,000. Historian Andrew Roberts on why America's military must be strong. Show More Summary
10 FTSE 100 Shares to Soar in a Market Revival
Statistics suggest that if the market can engineer a rally, then shares in the likes of Barclays, Lloyds Banking, and Royal Bank of Scotland would be expected to put in some of the biggest rises.
Westpac in Canberra history
Following yesterday’s Then and Now featuring the Commonwealth Bank; Westpac have been in touch with their own historic photos to remind you of their enduring presence in the region. It seemed only fair to give them a run. And so we have: 1) The first Westpac (then known as Bank of NSW) branch in Kingston, 1926 2) City branch, [...]
Hedge fund manager used postal box to hide $6 million fraud, Feds say
CHICAGO/SAN FRANCISCO (Reuters) - A North Carolina hedge fund manager used a personal post-office box and forged bank statements to hide his theft of about $6 million over a seven-year period, U.S. regulators and prosecutors said on Monday.
Danish regulator tells Danske Bank to set aside more capital
COPENHAGEN (Reuters) - A Danish regulator has ordered Danske Bank A/S to change how it calculates its solvency and set aside more risk capital, the bank said in a statement late on Monday.
BBRY: Q10 Upside, Says Deutsche, Long Term Uncertain; Wells Sees Upside
Shares of BlackBerry (BBRY) today slipped 14 cents, or 1%, to close at $14.30, following negative remarks from Deutsche Bank‘s Brian Modoff, who reiterated a Hold on the shares, and an $8 price target, writing that his “checks” of sales of BB10-based handsets, which went on sale starting with the Z10 in February, and continued with the Q10 last month, have [...]
Write-Offs: 06.17.13
$$$ U.K. Prosecutors Likely to File Libor-Manipulation Charges [WSJ] $$$ Fitch: ‘Unprecedented’ China Bubble Forming [CNBC] $$$ America Falls Behind in Creating Rich Entrepreneurs [CNBC] $$$ For almost eight decades, many Swiss bankers had an easy job taking in often untaxed money from wealthy customers from around the world. Show More Summary
Today's 3 Worst Stocks
For the next few days at least, markets will continue to obsess over Fed Chairman Ben Bernanke's every word and intimation, as he and the Federal Open Market Committee discuss the future of the central bank's monetary policy. As forShow More Summary
Banks – In Your Eyes
A gorgeous Father’s Day dedication, Banks’ cover of In Your Eyes by Peter Gabriel makes your $25 Best Buy gift card look all the more unimpressive. Banks on: [...]
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BANKS – Fall Over (Djemba Djemba Remix)
BANKS – Warm Water (Prod. By TEED)
The Hunger presents Azealia Banks – Van Vogue (Music video) + banned magazine cover
Tyra Banks Wore Epic Sweats to Visit a Marijuana Dispensary
Now we know where she gets that smize. Tyra Banks and an unidentified man stopped by a marijuana dispensary in Venice Beach — where that kind of thing is legal — this Saturday. Banks emerged carrying a small paper bag of something. But more importantly, those sweats! Look at them! They have a jaunty bamboo print! I approve of Casual Tyra. Show More Summary
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