The similarities to Lehman are growing by the day… Read More Bank Run: Deutsche Bank Clients Are Pulling $1 Billion A Day
The Italian lender’s earnings have been hobbled by hidden losses and bad loans.… Read More What the ECB Didn’t Say About Monte dei Paschi’s Bailout
The ECB is letting the Italian government know that it won’t sit by and allow the Bank of Italy to sell off its gold reserves to help right the country’s troubled finances… Read More ECB To Italian Government: Your Gold Is Ours
NPLs remain dangerously to catastrophically high in Italy, Greece, Portugal, and Cyprus… Read More Bad Loans Still Too High at Eurozone Banks, ECB Warns
Why place any confidence in today’s generation of senior central bankers, when they (and we) are staring at the ruins of the policies they unleashed on the world and are about to unleash again?… Read More Game Over
The continued existence of the Eurozone could be under threat… Read More Italy’s ‘Perma-recession’ Could Trigger a €2 Trillion Financial Crisis
EU bank regulation may be in the process of coming full circle, meaning it won’t have gone anywhere at all… Read More Is the EU Backsliding On Commitment to Bail In Banks?
The monetary union has fused together countries as different as Germany and Italy without forging the institutions necessary to keep the union together. It is a child’s fantasy of a union… Read More The EU Will Move to Full Fiscal Union, or Disband. The UK Must Hold Course
Opposition Is Growing to Merger Between Deutsche Bank and Commerzbank… Read More Deutsche Bank Seeking a “Guarantee of Existence” with Monster-Merger?
Germany, a country where the needs of industry trump the needs of banks, is a notoriously difficult banking market… Read More Shotgun Marriage: Deutsche Bank and Commerzbank Discuss Merger
There is a strong possibility that the EU’s leaders will soon be faced with a choice: try to save Italy (and the whole of Europe) from yet another crisis or set an example by punishing the Italian government for the country’s independent economic and foreign policies… Read More Default Or Exit: A Battle Between Italy And The EU Is Inevitable
Desperate men do desperate things… Read More Trump and Netanyahu Scandals Could Create Very Dangerous Scenario