bank (13)

Trump’s Assault on Bank Regulations

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Trump Issues Orders to Roll Back Bank Regulations Adopted in the Wake of the 2008 Wall Street Crash

By Barry Grey

World Socialist Web Site 4 February 2017

President Donald Trump signed executive directives on Friday initiating a sweeping rollback of regulations on banks and financial brokers enacted under the Obama administration following the Wall Street crash of 2008.

Trump’s actions target in particular the 2010 Dodd-Frank bank regulations and a Labor Department rule set to take effect in April r

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Top Bank Fraud Expert: ALL of the Big Banks’ Profits Come from FRAUD

Source:

Washington's Blog

22 September 2016

The country’s top white collar crime expert, William Black – who put over 1,000 top S&L executives in jail for fraud, and is a professor of law and economics at the University of Missouri – confirmed recently what the alternative media has been saying for years: the business plan of Wall Street is fraud. That’s their key profit center.

Black also says that a British parliamentary investiga

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Protect from Personal Loan Scam

Are you thinking of getting a personal loan? Hopefully you have a high credit score, as this will give you a better chance of getting the loan through a legitimate company. But even if your credit is excellent, you need to be aware of the personal loan scams out there.

Not Respecting Your Limit

  • You don’t want to do business with a lender that pressures you into borrowing more than you can handle

Upfront Payment

  • You should never have to pay any fees for the application process. If you’re requested to
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Killing Off Community Banks — Intended Consequence of Dodd-Frank Act? “Orderly Liquidation Authority”. Consolidation of Megabanks

 

Source:

 Ellen Brown

The Web of Debt Blog

21 October 2015

The Dodd-Frank regulations are so lethal to community banks that some say the intent was to force them to sell out to the megabanks. Community banks are rapidly disappearing — except in North Dakota, where they are thriving. 

At over 2,300 pages, the Dodd Frank Act is the longest and most complicated bill ever passe

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8028233088?profile=originalEnrique Suarez Presenting:

It’s the Interest, Stupid! Why Bankers Rule the World

Source:

Ellen Brown

Global Research, November 08, 2012

Web of Debt

In the 2012 edition of Occupy Money released last week, Professor Margrit Kennedy writes that a stunning 35% to 40% of everything we buy goes to interest. This interest goes to bankers, financiers, and bondholders, who take a 35% to 40% cut of our GDP. That helps explain how wealth is systematically transferred from Main Street to Wall Street. The rich get

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8028231501?profile=originalEnrique Suarez Introducing:

Washington's Blog
Global Research, May 04, 2015

We Can’t Rein In the Banks If We Can’t Pull Our Money Out of Them

Martin Armstrong summarizes the headway being made to ban cash,  and argues that the goal of those pushing a cashless society is to prevent bank runs … and increase their control. What do you think?

The central banks are … planning drastic restrictions on cash itself. They see moving to electronic money will first eliminate the underground economy, but secondly

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Bank Account depleted, Company sues

Is it Bank of America’s fault that a hospital was hacked and lost over a million dollars? Chelan County Hospital No. 1 certainly thinks so, reports an article on krebsonsecurity.com. In 2013, the payroll accounts of the Washington hospital were broken into via cyberspace.

Bank of America got back about $400,000, but the hospital is reeling because the hospital says the bank had been alerted by someone with the Chelan County Treasurer’s staff of something fishy. The bank processed a transfer reque

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What happens when a Bank Account is hacked?

Who’d ever think that 50 years ago, your money was safer in your bank account than it is today in this “modern” age: remote theft. If you bank with a large or small bank, your account may be at risk by hacking rings.

However, most of the time, but not always, if your account is drained by a cyber thief, the bank will cover it for you.

The latest information is that a big attack is planned in the spring, but it’s the “It’s easier to get one dollar from a million people than it is to get a million b

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 8028231468?profile=originalLow interest rates, new regulations and an unstable economic situation have impacted revenues and profits of retail deposits in North America.   Therefore, the upcoming GFMI 3rd Edition Retail Deposit Optimization & Strategic Management Conference comes at a very important and optimal time for banks.

 

Silvio Stroescu, Managing Director, Investments & Deposits at Tangerine Bank recently spoke with GFMI about key topics to be discussed at this upcoming meeting, scheduled to take place April 27-29,

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8028230075?profile=originalSME lending just got more expensive in Singapore. Basel III capital requirements has increased the risk weighting on SME loans. Banks are now required to set aside more capital to protect against SME loan defaults. This will drive up the cost of capital for SME’s as lenders pass on added costs to borrowers to maintain healthy margins on SME loans; Singapore’s Business Times reports.


SME’s are a critical driver of economic growth in Singapore. Bank loans to the segment grew more than 10% in 2013.

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Why Banks Fail Stress Tests

Earlier on this year, the Bank for International Settlements released a paper which stated directly: "No macro stress test carried out ahead of the crisis identified the build-up of vulnerabilities"

This is a very harsh reality and highlights one of the key areas risk management needs to address. In this article we look at why stress testing risk systems hasn't been working for the banking sector.

Click here to continue reading

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Manigentis pleased to announce a successful start to 2012, with two major project wins. One of the projects will be with an Investment Bank assisting them to meet the regulatory obligations from a number of regulators globally, including the FSA here in the UK. The second project is with a legal services regulator with the intention to build additional risk management at a transitional time for the industry, with the introduction of Outcomes-focused Regulation (OFR) and Alternative Business Stru

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New Year, New Bank Failures

In 2010, we witnessed 157 banks closed by the FDIC. They were either taken over by stronger hands or liquidated and depositors were given back their deposits. 

On this first Friday of the New Year,only two banks were shut down. According to the BlogSpot the Bank Blog: 

 The "honor" of the first bank to fail in 2011 belongsto First Commercial Bank of Florida based in Orlando. …It had approximately $598.5 million in total assets and $529.6 million in total deposits was closed. First Southern Bank

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