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Banknewsinworld.blogspot.com news digest

  • 7 years

    Morgan Stanley Could Benefit From Some Fed Decisions

    Morgan Stanley
    Morgan Stanley is positioned for a liftoff, but the timing is in the hands of the Federal Reserve.
    Solid trading and cost cuts left the Wall Street bank earning $1.5 billion in the third quarter, 62 percent higher than in the same period last year. That put annualized return on equity just shy of 9 percent, the lower end of the target that James P...

  • 7 years

    Clinton speech to Deutsche Bank worried her staff

    Hillary Clinton
    Hillary Clinton told Deutsche Bank executives in 2014 that they needed to address the public's perception that financiers had "rigged" the economy, according to emails obtained by WikiLeaks.
    Some of her campaign staffers wanted to leak the speech to the media to show she was tough on Wall Street, but at least one prominent member of her team feared it would create the opposite effect....

  • 7 years

    Natwest freezes Russia Today’s UK bank accounts

    Putin upset because the account lockout
    Natwest has withdrawn its U.K. banking services from state-run broadcaster Russia Today, according to Margarita Simonyan, editor-in-chief of the state-run broadcaster.
    Head of Communications for RT, Anna Belkina, said in a statement the withdrawal of its UK banking services was 'incomprehensible'....

  • 7 years

    Central Banks Consider Bitcoin’s Technology, if Not Bitcoin

    Central Banks Consider Bitcoin’s Technology
    Bitcoin was created by libertarian-minded programmers with a deep suspicion of central banks and the national currencies they issue.
    Yet it is central banks that are doing some of the most ambitious work of late in trying to harness the technology introduced by Bitcoin....

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Web host: Google LLC
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Updated: June 29, 2023
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