Search Results for: Deutsche Bank
Tough bank test
June 16th, 2014
A European Central Bank policymaker is voicing concern that Europe may be too tough on banks as they undergo “stress tests” to measure their financial resilience. European officials are trying to make this year’s new round of tests tougher ...
Europe Bankers Cringe at Rising U.S. Fines Amid BNP Probe
June 12th, 2014
HSBC Holdings Plc (HSBA) Chairman Douglas Flint had some advice for bank executives meeting in London last week: Read up on how the U.S. uses financial warfare against its enemies in a foreign-policy shift that’s entangling lenders. Since HSBC ...
European Central Bank comes down against Bitcoin
May 27th, 2014
Yves Mersch, a member of the executive board of the European Central Bank (ECB), speaking at the Bargeld-symposium of the Deutsche Bundesbank in Frankfurt, has come down firmly against Bitcoin. Whereas, this will probably not come as much of ...
Central Bank Gold Agreement
May 19th, 2014
ECB and other central banks announce the fourth Central Bank Gold Agreement as follows: The European Central Bank, the Nationale Bank van België/Banque Nationale de Belgique, the Deutsche Bundesbank, Eesti Pank, the Central Bank of Ireland, the Bank of ...
FCA Said to Observe Banks’ London Gold-Fixing Calls
April 25th, 2014
Regulators are stepping up their scrutiny of how gold prices are set, with officials from Britain’s Financial Conduct Authority visiting Societe Generale SA (GLE) to observe the so-called London fixing process, two people with knowledge of the matter said. ...
FCA appoints two new senior advisers focused on competition and investment banking
April 23rd, 2014
The British Financial Conduct Authority (FCA), has issued a press release announcing the appointment of two senior advisers as follows: Martin Wheatley, chief executive of the FCA, said of the appointments: “Both David and Gunner come with impressive experience ...
Dollar firms in big week for FX markets
June 14th, 2021
The dollar held firm on Monday after posting its biggest weekly rise in six weeks as traders cut their bearish bets before a much-anticipated U.S. Federal Reserve meeting that might signal a change in the outlook for U.S. monetary ...
The global debt problem
April 15th, 2021
It has been recently estimated that global debts stand at $284 trillion equivalent, representing 355% of global GDP. Estimates such as these must be treated with caution, and they probably underestimate financial sector debt. Furthermore, no allowance in ...
An unexpected systemic crisis is for sure
August 18th, 2020
Downturns in bank credit expansion always lead to systemic problems. We are on the edge of such a downturn, which thanks to everyone’s focus on the coronavirus, is unexpected. We can now identify 23 March as the date ...
The Eurozone’s financial disintegration
July 31st, 2020
Introduction The Euro Crisis Monitor (above) shows the increasing imbalances in the TARGET2 settlement system between all its members: the ECB (itself with a €145bn deficit) and the national central banks in the Eurozone. Other than minor differences reflecting ...
