Peer2Politics

Let’s take a look with four reasons why banks will fail in building viable internal blockchains.

Australia's biggest banks are threatening to hobble local bitcoin companies, by suddenly withdrawing banking services from their potential future rivals.

By 2010, Greece was bankrupt, no way could Greece repay the debt. But more money was lent to Greece. To help the Greeks? Oh no, the money was used to bail out the feckless bankers.

An international movement has begun in the finance world, and a few innovative global companies are starting to look at how nature and society can be included in their bottom line. Accounting historian Jane Gleeson-White on the revolution starting to take place in boardroom, and how it could transform the global economy.

Mish recently posted excerpts of a Brookings Institution study on changing generational values: How Millennials Could Upend Wall Street and Corporate America. The gist of the report is that Gen-Y (Millennials) view money, prestige, adversarial confrontation and managerial methods differently from the Baby Boom and Gen-X generations, and that this set of values will change Corporate America, the economy and the culture as Boomers exit managerial positions and their peak earning/spending years.

WANTED: companies to tell the Central Bank what people are saying about it on social media. Analysis of "unfavourable or hostile" conversations required.

Today the Swiss Federal Government confirmed that it had received enough signatures and would hold a referendum as part of the so-called "Vollgeld", or Full Money Initiative, also known as the Campaign for Monetary Reform, which seeks to ban commercial banks from creating money, and which calls for the central bank to be given sole power to create the money in the financial system. In other words, an initiative to ban fractional reserve banking, and revert to a 100% reserve.

Deutsche Bank announced plans to eliminate 35,000 jobs from its payroll over the next two years as part of a sweeping overhaul under new co-Chief Executive John Cryan.

“Hitting depositors” could become the “new normal” of this diabolical project, serving the interests of the global financial conglomerates. There are provisions in the US, Canada and the EU pertain...

Television reporters stand in front of the shut doors of banks in Athens and speak as if a few days more of bank closure brings the Greeks that much closer to catastrophe. Media coverage dwells obsessively on the theme that for Greece it is five minutes to midnight, but somehow midnight never comes. Shuttered banks are a striking physical symbol of economic disaster, but even they are not proof that the final dénouement is at hand.