Tag Archives: Deutsche Bank

Henning Gebhardt, Global Head of Equities bei Deutsche Asset Management. In manchen Schwellenländern sind die Gewinnerwartungen wieder gestiegen. Henning Gebhardt, Global Head of Equities bei der Deutschen AM, findet die Vorschusslorbeeren angesichts der wirtschaftspolitischen Herausforderungen allerdings für übertrieben. Wer angesichts der stürmischen Frühlingsrally der...

After yesterday's US and UK market holidays which resulted in a session of unchanged global stocks, US futures are largely where they left off Friday, up fractionally, and just under 2,100. Bonds fell as the Federal Reserve moves closer to raising interest rates amid signs inflation is picking up. Oil headed for its longest run of monthly gains in five years, while stocks declined in Europe. Treasuries retreated in the first full day of trading since Yellen said late Friday that the improving...

In the latest tragic news from the world of finance, earlier today Zurich Insurance, the largest Swiss insurer which employs 55,000 people and provides general insurance and life insurance products in more than 170 countries, reported that Martin Senn, the company's former chief executive officer who stepped down in a December reshuffle, has committed suicide. He was 59. Senn had been a long-time employee of the insurer, serving as its chief executive for six years before stepping down in...

Following the demise of the thousand year-long tradition of Swiss banking secrecy, crushed virtually overnight by Barack Obama's demands to make the central European nation's banking industry transparent, one of the major consequences was the shift in money laundering from Geneva and Zurich to the latest and greatest "anonymous" banking and tax evasion hub located halfway around the world, namely Singapore. And overnight, we got the first shot across the bow of the city state's "Swiss banking...

There is a paradox of capitalism, we’ve reached a point where those at the top, have an unlimited budget to maintain the status quo, increase their wealth, and develop an ever increasing sophisticated toolbox to manage empire and maintain their dominance.  As we explain in Splitting Pennies – this is no where more obvious than Forex.  The last 100 years we’ve seen capitalism evolve brightly.  Industries that shouldn’t be industries, now employ millions of workers. Paradigm shift,...

In an interesting interview with Finanz und Wirtschaft, Bianco Research president Jim Bianco discusses a variety of topics such as negative interest rates turning the entire credit process upside down, bank balance sheets being even more complex and concentrated than before the financial crisis, energy loans being an accident waiting to happen, the markets having veto power over the Fed, and gold having more room to run. * * * Mr. Bianco, negative interest are causing a lot of stir at the...

Submitted by Mac Slavo via SHTFPlan.com, Astute observers of financial markets, especially in the precious metals sector, have long argued that small concentrations of major market players have been manipulating asset prices. Last week those suspicions were confirmed when Deutsche Bank, one of the world’s leading financial institutions, not only admitted to regulators that they have been involved in the racket, but that they were prepared to turn over records implicating many of...

Barely a day had passed since the historic admission of gold and silver price rigging by Deutsche bank, which as we reported on Thursday was settled with not only "valuable monetary consideration", but Deutsche's "cooperation in pursuing claims" against other members of the cartel, i.e., exposing the manipulation of other cartel members, and the class action lawsuits have begun. Overnight, two class action lawsuits seeking $1 billion in damages on behalf of Canadian gold and silver...

Gold and Silver Are Manipulated Deutsche Bank admitted today that it participated with other big banks in manipulating gold and silver prices. In 2014, Switzerland’s financial regulator (FINMA) found “serious misconduct” and a “clear attempt to manipulate precious metals benchmarks” by UBS employees in precious metals trading, particularly with silver. Reuters reported: Swiss regulator FINMA said on Wednesday that it found a “clear attempt” to manipulate precious metals benchmarks during...

In another quiet overnight session, the biggest - and unexpected - macro news was the surprise monetary easing by Singapore which as previously reported moved to a 2008 crisis policy response when it adopted a "zero currency appreciation" stance as a result of its trade-based economy grinding to a halt. As Richard Breslow accurately put it, "If you need yet another stark example of the fantasy storytelling we amuse ourselves with, juxtapose today’s Monetary Authority of Singapore policy...