(People’s Daily Online) 20:31, March 22, 2014 Beijing, March 22 (People’s Daily Online) — To break up big bank monopoly will be the highlight of China’s financial reform in 2014, professor Li Daokui told People’s Daily Online in Beijing, March… Read More ›
Financial services
2.5m people will have to take out a loan just to afford central heating this Christmas (U.K.)
Shocking figures revealed as winter fuel costs are hiked by up to £120 Simon Read Monday, 9 December 2013 Some 2.5 million people will have to borrow money to heat their homes this Christmas. The shock statistics are published as… Read More ›
Cashier asleep with finger on keyboard launched a €222,222,222 transaction
Employee told industrial tribunal that he had intended to transfer €62.40 from a retired employee’s account Tony Paterson Tuesday, 11 June 2013 It was every bank manager’s nightmare come true: a German bank employee nodded off at his computer terminal… Read More ›
[Up to $20 Trillion U.S.] Offshore financial industry leak exposes identities of thousands of holders of anonymous wealth from around the world
Identities of the rich who hide cash offshore David Leigh The Guardian, Wednesday 3 April 2013 18.59 EDT The British Virgin Islands, the world’s leading offshore haven used by an array of government officials and rich families to hide their wealth…. Read More ›
IMF/EU will steal €100m from the Church
Church says it will lose €100m Published on March 26, 2013 The Church stands to lose more than 100 million euros in the bailout deal reached with international creditors early Monday, its leader Archbishop Chrysostomos said. “The capital owned… Read More ›
Standard & Poor’s Sued by U.S. for Fake Ratings
By BARBARA LEONARD (CN) – Standard & Poor’s inflated its ratings of mortgage-backed securities, ignoring the inherent credit risks that brought the financial sector to its knees in 2008, the U.S. government says in Federal Court. Filed late… Read More ›
U.S. finance industry warned of cyber attacks
By Agence France-Presse Wednesday, September 19, 2012 20:22 EDT Topics: bank of america ♦ cyber attacks ♦ Site Intelligence Group NEW YORK — A US financial industry group warned banks and other institutions to beware of cyber attacks Wednesday, after… Read More ›
Engineering Evil 