"The 2008 financial crisis was the consequence of a loosely regulated banking system in which power was concentrated in the hands of too limited a cast of speculators," Nomi Prins tell me. "And after the crisis, the way the US government and th
When looking at what is arguably the most important chart for risk assets - the net change in liquidity injections/drains from central banks (in addition to net credit creation in China of course) - we have traditionally shown readers some version of
Since the Federal Reserve hiked rates, "big" US banks have dramatically underperformed "small" US banks, continuing a trend that has been going on since February...
Update: Less than two hours after BCRA's old chief quit and the new chief prompted a 4% ramp in the peso "due to his credibility", the currency has collapsed back to its record lows once again...
There You Have It" ...It's been a while since we featured the grouchy version of Richard Breslow, Bloomberg's "Trader's Notes" author, who is back with a bang with his latest missive, explaining why "Ignoring Current Events Just Makes You a Slave"
A key committee of Swedish lawmakers wants to force the country's biggest banks to handle cash in an effort to halt the nation's march toward complete cashlessness.
The longer an expansion lasts, the crappier its paper becomes.
When it comes to economic booms and busts, not to mention currency instability, there is no greater perpetrator than government-controlled central banking.
The International Monetary Fund (IMF) has worked to push massive debt, the opening of markets for transnational corporations, and global socialism throughout the world for many decades. They have derided the rise of right-wing populism, but it is loo
Circle Internet Financial Ltd has revealed that it is currently seeking to obtain a federal banking license with the U.S. Office of the Comptroller of the Currency (OCC) in order to expand the services available to the company's customers. It also
This morning after my plane landed from Bangkok, I was having breakfast in the business lounge in Sydney and glanced at the local paper, The Australian.
Following last weekend's G-7 meeting for the world's most important finance ministers and central bankers in Whistler, Canada, at which the US was introduced as a "+1" to the G-6, and whose positioned was "condemned" by the rest of the Developed Worl
Central Banker Observes Sudden "Evaporation" Of Dollar Funding, Warns Of Global Turmoil
If federal court accepts offer it will be largest civil penalty in Australia's corporate history