Bank
Hackers release files indicating NSA monitored global bank transfers
Hackers released documents and files on Friday that cybersecurity experts said indicated the U.S. National Security Agency had accessed the SWIFT interbank messaging system, allowing … Hackers release files indicating NSA monitored global bank transfersRead more
Banks are lending to buy houses, not build businesses
The days of the credit crunch can seem to be well and truly behind us. 2016 was the second successive year when bank lending to … Banks are lending to buy houses, not build businessesRead more
How is money really made by banks
Banking 101 Part 3 — source positivemoney.org
Boycott the Banks, the Funders of Dakota Access Pipeline
Those are water protectors with the Red Warrior Camp near the Standing Rock Sioux Reservation in North Dakota, singing at a protest at the Chase … Boycott the Banks, the Funders of Dakota Access PipelineRead more
US banks report massive fourth quarter profits
Profits for the two largest US banks by assets surged in the fourth quarter, reflecting a rise in trading activity following the election victory of … US banks report massive fourth quarter profitsRead more
The Unthinkable Just Happened in Spain
As part of the epic, multi-year criminal investigation into the doomed IPO of Spain’s frankenbank Bankia – which had been assembled from the festering corpses … The Unthinkable Just Happened in SpainRead more
Morgan Stanley to Pay $8 Million Admit Wrongdoing to Settle SEC ETF Charges
Morgan Stanley Smith Barney will pay an $8 million penalty and admit wrongdoing to settle charges related to single inverse exchange traded funds (ETF) investments … Morgan Stanley to Pay $8 Million Admit Wrongdoing to Settle SEC ETF ChargesRead more
Traditional banking model is dying
The truth about the traditional banking model: it is dead. Ok, to be temporally current, it is dying. Six reasons why: 1) Banks can’t price … Traditional banking model is dyingRead more
The city of Seattle is divesting from Wells Fargo
The Seattle City Council voted unanimously Tuesday to withdraw $3 billion from the bank, in part because it is funding the Dakota Access Pipeline, and … The city of Seattle is divesting from Wells FargoRead more