The Chinese Banking System: Much More Than a Domestic Giant
Chinese banks have become major foreign lenders, making China the eighth biggest financial center in the world.
Read more...Category Archives: Banking industry
PayPal Demonstrates What Happens to Former Tech Unicorns Which Get Lame
PayPal is no longer getting away with the sort of things it could as a payment processor newbie.
Read more...Bailed-Out RBS Systemically Forged Customer Signatures: Whistle-Blowers
It is not an exaggeration to call RBS evil. See some of the reasons why.
Read more...Nomi Prins: Trump’s Financial Arsonists
How Trump’s financial deregulators are arranging more gimmies to banks.
Read more...UK Consternation Over EU Not Accommodating City of London in Brexit…Just As It Said It Would Not Do
The UK financial services is being told “no” yet again….will the message finally sink in?
Read more...Mastercard Pushes Biometrics, Banks Follow
Mastercard and other financial services providers are aggressively promoting biometrics. Where are the vaunted EU privacy regulators?
Read more...Draghi’s Membership in Murky G30 Financial Group Under Fire
An official EU compliant about ECB chairman Mario Draghi puts the spotlight on a shadowy influence operation.
Read more...Does Bitcoin Have a Future?
Lambert here: Prosecution futures, as Yves has always said. By Marshall Auerback, a market analyst and Research Associate at the Levy Institute. Originally published at Alternet. Is the bitcoin craze another in a series of history’s most infamous bubbles, or is it a genuine harbinger of a new global financial architecture? In spite of recent […]
Read more...In Brexit Tug-of-War, EU Aims at City of London’s Tax-Haven Empire
The Brexit row over banking is starting is to come out into open….
Read more...Nomi Prins: My Financial Road Map for 2018
Some crystal ball gazing for 2018.
Read more...ECB Spawned Financial Dependency That’s Now Very Hard to Undo
The ECB is very eager to withdraw extraordinary support. But among others, a lot of weak banks are hooked on it.
Read more...China Fails to Woo U.S. With Financial Sector Opening
Why is the US cool about concessions from China that the US has long sought?
Read more...Meltdown and Spectre: Intel’s Seismic IT Disaster and A Look at Some Implication for Banks
A first look at the epic IT disaster of the Meltdown and Spectre “flaws”.
Read more...Selling Out Argentina’s Future—Again
How Argentina’s new neoliberal masters are driving the economy back into its old debt crisis ditch.
Read more...Amar Bhide: The Case for Traditional Banking
Amar Bhide gives a clearly-written, compelling argument against a supposed banking “innovation,” securitization.
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