Skip to content

Tag: Banking

Canada to Incorporate Social Scores in Banking

The Canadian banking system is set to be radicalized by open banking framework. Proponents are framing this as a way for banks to easily share information and...

No Cash Accepted

Businesses are increasingly preventing customers from using cash as NO CASH ACCEPTED signs line Main Street. No federal law requires businesses to accept cash, but...

Bank Acquisitions Coming 

A recent report by KBW Regional Banking Index (KBW) suggests that Comerica, Zions, and First Horizon are at risk of being acquired by greater competitors. Larger...

Is Your Money Safe in a Regional Bank?

People often ask if their money is safe in a regional bank. Yes—if you keep it under $250,000 to guarantee the FDIC insures those funds. Some clueless minds...

COUNTERPARTY RISK

COUNTERPARTY RISK QUESTION:  In regard to counterparty risk when purchasing exchange traded funds or notes: With European banks being under capitalised due to...

The Currency & Banking Crisis for Europe

QUESTION: Thanks for this free advice. But, in this comment: “/our-european-tour-part-ii-seizing-all-bank-accounts-throughout-eu/” You write:...

Which Banks to Keep Cash Short-term

QUESTION: Hi Marty A quick question for you – given the moves afoot inside the EU are blocking bank accounts even of those with less than €100,000 , which...

The Coming Central Bank Crisis

  I have warned that whenever a government creates a solution to any crisis, that solution becomes the next crisis. This is what I have called the Paradox of...

Federal Reserve & Elastic Money & NY Clearing House Certificates

QUESTION: Why do you support the fed in what you call elastic money and not a gold standard? ANSWER: As usual, you listen to the nonsense about how the Fed is owned...

Austria — It Started the Collapse in Great Depression. Will It Do so Again?

In 1931, the sovereign debt crisis and banking system collapse began in Austria with the failure of Credit Anstalt (Creditanstalt), which was partly owned by the...