Latest News for: Big banks


Banks Turn Away Customer Deposits due to Negative Interest Rates in Germany

Bitcoin 04 Mar 2021
Banks in Germany are reportedly turning customer deposits away due to the negative interest rate imposed on them by the European Central Bank (ECB) ... The central bank has been imposing negative interest rates since 2014 ... In Germany, banks are harder hit by negative interest rates than in most other European countries because Germans are big savers.

Pankaj Pandey sees best upside potential in midcap and smallcap stocks

The Times of India 04 Mar 2021
I do not think we will see a reversal of this trend even with the expectation that largely things will normalise in the second half especially in a big country like the US. Is there merit in buying a Canara Bank, a PNB or for that matter Union Bank from the PSU space? If the corporate banking logic applies to SBI, it should also apply to others.

Forget Bitcoin, LEGO is a better bet in a QE world

Irish Independent 04 Mar 2021
... of central banking ... Since the Fed implemented its first quantitative easing programme in December of 2008 during the global financial crisis, the ‘Big> Four’ of the central banking world have bought a cool $22.3trn of bonds, a figure equal to the size of the entire US economy.

UNC women’s basketball beats Weber State, earns fifth consecutive win

The Tribune Greeley 04 Mar 2021
Northern Colorado women’s hoops secured a bye in the first round of the Big> Sky Conference Tournament next week after recording a big home win. UNC (12-11, 11-7 Big Sky) beat Weber State (2-18, 2-15 Big Sky), 83-60, in Bank of Colorado Arena on Wednesday night ... Mele Finau, sophomore guard, had a big night of her own.

Attorney General Weiser helps secure more than $9.5 million for Coloradans in Wells Fargo settlement

Fox31 Denver 04 Mar 2021
DENVER (KDVR) -- Colorado Attorney General Phil Weiser helped Colorado borrowers in a major settlement with Wells Fargo, finding the big bank did not properly refund certain fees for a decade ... Colorado entered a settlement with Wells Fargo in December 2018, requiring the bank to refund certain consumers in cash or account credits ... .

Girls state hoops: Newbie Elkhorn North still learning on the fly as it reaches semifinals ...

Lincoln Journal Star 04 Mar 2021
Clark Grell ... Then it had to rally to beat Omaha Gross on Wednesday at Pinnacle Bank Arena ... "This is my first time ever playing in a big arena like that," said sophomore Hannah Nadgwick, who helped the Wolves pull out the win ... "A lot of them haven't been in these big moments and things tense up a little bit, but in the end they're making the plays ... .

James Harden has triple-double in Houston return, Nets roll

Olean Times Herald 04 Mar 2021
The Nets set a franchise record with their seventh straight road victory and have won 10 of their last 11 overall ... They’ve had a tough time since Harden was traded Jan. 14 and haven’t won since Feb. 4 ... Harden got a mixed reception from the crowd ... 2 Michigan, 76-53, as Big> Ten race tightens. Phillies to host fans in limited capacity at Citizens Bank Park.

Embiid, Harris lead 76ers to OT victory over Jazz

Olean Times Herald 04 Mar 2021
Ben Simmons added 17 points for the 76ers, who improved to 24-12. Donovan Mitchell had 33 points, eight rebounds and six assists for the West-leading Jazz, who lost their second straight ... The Jazz beat Philadelphia 134-123 on Feb ... +2 ... No ... 2 Michigan, 76-53, as Big> Ten race tightens. Phillies to host fans in limited capacity at Citizens Bank Park ... TIP-INS.

The Seven-Step Path from Pandemic to Totalitarianism

GlobalResearch 04 Mar 2021
First published on GR in April 2020 ... Here is the template for rolling this out. STEP 1. A new virus starts to spread around the world. The World Health Organization (WHO) declares a pandemic ... World markets implode ... STEP 2 ... Simultaneously, central banks and governments hand out massive amounts of cash largely to benefit the big banks ... STEP 3 ... STEP 4 ... STEP 5 ... .

Biden faces backlash over small business rescue overhaul

Politico 04 Mar 2021
Finance & Tax Biden faces backlash over small business rescue overhaul ... Alex Wong/Getty Images ... So far, neither the White House nor key Democrats are making a big push to extend it. Dennis Ammann, the CEO of Peoples Bank in Mississippi, said "it seems as though the small businesses who needed the most help are being penalized." ... .

Coronavirus Today: Homelessness, hotels and public health

The Los Angeles Times 04 Mar 2021
Good evening ... Advertisement ... Advertisement ... Larger businesses that had existing relationships with big banks were better equipped to get the loans than smaller Latino businesses with fewer ties and less knowledge about how to apply for assistance, said Rodrigo Dominguez-Villegas, director of research for the UCLA Latino Policy and Politics Initiative.

The Bank of England says it will make its $28 billion corporate bond-buying scheme greener ...

Business Insider 03 Mar 2021
Dan Kitwood/Getty Images The Bank of England is set to tweak ... Climate campaigners have criticized the Bank for giving money to big polluters such as oil majors BP and Shell through the scheme, which buys up companies' bonds as a way of putting cash into and supporting the economy.

Institutional Investors Go Big on Bitcoin: BitGo’s Peter Najarian Speaks

Finance Magnates 03 Mar 2021
“As a function of that, there’s a great fear among big institutional investors that the only way out of this level of indebtedness is a long-term period of central banks essentially trying to inflate their way out of it ... “For a big family office, or pension fund, or endowment to ...