Category Archives: Banking industry

Monetary Sovereigns, Monetary Subjects: Modern Money & The Criminal Legal System

On the connection between money, and in particular monetary sovereignity, and the criminal justice system.

Hallucinating Banks Believe They Are Technology Start-Ups

Banks are trying to make out like they are technology start-ups. But what’s their agenda? As usual, it is theirs, not their customers’.

Bill Black: The CFPB Arbitration Rule is Pro (Honest) Businesses

The CFPB takes a modest but important step to rein in fraud against consumers, which has banks hoppin’ mad.

Lee Camp: Enjoy the Trump Show While Wall Street Pillages the Country

Trump’s Wall Street allies are pleased that the press isn’t paying much attention to market froth and rising debt as he pushes deregulation.

The Chinese Debt Time Bomb

The latest debt data out of China adds to the expected end-game of a big reversal of fortunes.

Gaius Publius: An Investigation in Search of a Crime

How one element of the investigation into Trump is a nothingburger even if it pans out.

A Tangled Tale of Bank Liquidation in Venice

What can we learn about the Italian banking sector from the decision to liquidate Veneto Banca and Banca Popolare di Vicenza?

Bill Black: Bank Whistleblowers United Makes Its Latest Lemon Award – to the UK

The UK rejects the idea of rewarding whistleblowers, despite the fact that the US experience shows it to be a sound way to catch abuses.

BIS Warns on Household Debt

Credit booms tend to go hand in hand with a misallocation of resources – most notably towards the construction sector – and a slowdown in productivity growth, with long-lasting adverse effects on the real economy.

Wolf Richter: Two Italian Zombie Banks Toppled Friday Night

It’s getting harder to ignore the stench coming from the Italian banking system.

Can EU Actors Keep Using Common Law After Brexit?

The widespread use of English law in financial contracts poses yet another set of tricky post-Brexit issues.

Waiting for Godot or Does Anyone Really Know What Is Going on with Eurozone Banks?

An update on the Eurozone banking mess.

Trump Administration Welshes on “Repeal Dodd Frank” Promise, Does Not Back Key Elements of House Bill; Seeks to Give Banks Lots of Other Goodies

Banks are champing at the bit to get Dodd Frank “reform,” when for many, the changes will actually increase their costs.