• Kidsplanations Episode 6 – Lines of Credit

    Lines of Credit can be complex. Here's a definition so simple, even a kid can explain it! For more Kidsplanations, check out https://discover.rbcroyalbank.com/kidsplanations-episode-7-resp/

    published: 12 Dec 2016
  • Nout Wellink wordt zenuwachtig van credit default swaps (CDS)

    Nout Wellink ziet een ander probleem. "Credit default swaps zijn in beginsel prachtige producten." Zij worden pas een probleem als de handel erin explosieve vormen aanneemt. Maar wanneer dat gebeurt is van tevoren niet te zeggen. Peter van Ingen wil graag weten of Wellink de sector niet meer had moeten waarschuwen. "Toen het goed ging op de markt wilde niemand naar me luisteren en kreeg ik geen podium", reageerde de president van de centrale bank, die aankondigde dat het Basel Comité snel met voorstellen komt om de gaten in de regels en het (verbrokkelde) bankentoezicht te dichten.

    published: 08 Jun 2011
  • Credit Suisse Downgraded Royal Bank of Scotland To Neutral From Outperform

    "Credit Suisse downgraded Royal Bank of Scotland (NYSE:RBS) on Tuesday to neutral from outperform after the broker reviewed first-half results from the bank sector in the U.K. The broker said, ""RBS results were inline and progress in non-core is better than expected. But recent disposal gains and risk weighted asset inflation in the first half have left us subdued. The next leg of the story, in our view, is capital. In the last 4 weeks, Basel amendments, interim results and fair value gains have increased our view of 2013 estimated capital by 8 billion pounds."" SmarTrend is bullish on shares of Royal Bank of Scotland and our subscribers were alerted to buy on July 26, 2010 at $14.46. The stock has risen 11.1% since the alert was issued."

    published: 10 Aug 2010
  • R.B.C BANKING CONCERNS

    published: 09 Mar 2017
  • How to Make a Billion Dollars in a Year: Wall Street, Stocks, Mortgages, and Financial Crisis (2010)

    In 2005, Paulson became concerned about weak credit underwriting standards, excessive leverage among financial institutions and a fundamental mispricing of credit risk. To protect its investors against the risk in the financial markets, Paulson purchased protection through credit default swaps on debt securities they thought would decline in value due to weak credit underwriting. As credit spreads widened and the value of these securities fell, Paulson realized substantial gains for investors and is reported to have earned $15 billion with $12.5 billion in assets under management in 2007. In December 2009, the New York Times reported that Paulson had profited during the financial crisis of 2007 by betting against synthetic collateralized debt obligations (CDOs). On April 19, 2010, the W...

    published: 30 Aug 2013
  • Understanding the Financial Crisis - very well explanation! - illuminati control slaves 101!!!

    very well explained example of how the Illuminati are and were using fake credit default swaps and DERIVATIVES TO COLLAPSE AND CONTROL THE ECONOMY and also through other instruments that are just useless paper backed by nothing at all. they can take your retirement funds and investments and completely rob you of your finance's and the rest of your money .don't put any money in the bank that you don't want people like Rockefeller or rothchilds to have for them selves because when the time is right they will steel it from you .

    published: 24 May 2012
  • Lessons from the credit crisis

    Speakers: Sir John Gieve Chair: Howard Davies This event was recorded on 19 February 2009 in Sheikh Zayed Theatre, New Academic Building The past 18 months have been a tumultuous time for the financial sector and the global economy more generally. In this speech, his last as Deputy Governor at the Bank of England, Sir John Gieve will discuss some of the key lessons for public policy and outline some potential improvements that could be made to the framework and tools available to policy makers. Sir John Gieve was appointed Deputy Governor in January 2006. In addition to his membership of the Monetary Policy Committee, he has specific responsibility for the Bank's Financial Stability work and is a member of the Board of the FSA.

    published: 10 Dec 2010
  • UK Banks Pay Out $2.5 Billion For Swaps Mis-selling

    The financial regulator said on Tuesday, Britain's biggest banks have paid out 1.54 billion pounds ($2.46 billion) to compensate small firms mis-sold complex interest rate hedging products. The Financial Conduct Authority said that 9,858 cases had been settled by Barclays , HSBC , Lloyds Banking Group and Royal Bank of Scotland . The products were supposed to protect smaller companies against rising interest rates but, when rates fell, the companies had to pay large bills, typically running to tens of thousands of pounds. http://news.yahoo.com/uk-banks-pay-2-5-billion-swaps-mis-091222189--sector.html http://www.wochit.com

    published: 14 Oct 2014
  • How to use credit card machine

    How to use credit card machine

    published: 05 Aug 2016
  • 'Pay By Phone' System: Banks Sign Up

    A system which allows mobile phone users to send and receive money from their handsets without the need to swap account details has won the backing of most high street banks. Customers can now register their devices ahead of the Paym - pronounced 'pay em' - scheme's launch on April 29. The Payments Council (PC), which developed the system, said it can be used by "friends and family" to settle IOUs between each other. The organisation said UK consumers rack up an average of £255.81 annually on informal debt, totalling £12.6bn. It claims the system, which is similar to Barclays' two-year-old Pingit mobile money transfer service, is ideal for sharing restaurant bills with friends or putting money towards household bills. However, both payer and payee must have their phone numbers registe...

    published: 02 Apr 2014
  • The Storybook: BNZ 'EmotionScan'

    Best of Global Digital Marketing The Storybook Financial Services

    published: 29 Jun 2014
  • More banks to pay dear for Libor fixing

    http://www.euronews.com/ The Financial Times is reporting that as well as Barclays, another 11 global banks will be implicated in the Libor scandal. And according to analysts at Morgan Stanley the total cost of paying regulators and legal settlements could be 11.5 billion euros for those banks over the next two years. Barclays has already admitted manipulating Libor, a key interest rate for loans and derivatives. The Morgan Stanley analysts estimated that 2012 earnings will be reduced for Bank of America , Citigroup, JPMorgan Chase, Credit Suisse Group, UBS, Deutsche Bank, Societe Generale, Royal Bank of Scotland Group, HSBC Holdings and Lloyds Banking Group. Find us on: Youtube http://bit.ly/zr3upY Facebook http://www.facebook.com/euronews.fans Twitter http://twitter.com/euronews...

    published: 13 Jul 2012
  • I RIPPED UP A £20 NOTE

    YOU CAN SUBSCRIBE FOR MORE DAILY VIDEOS HERE! https://www.youtube.com/channel/UC-70... TWITTER- https://twitter.com/CaraFitzpatrixk INSTAGRAM-https://www.instagram.com/carafitzpat...

    published: 07 Apr 2017
  • ANZ Bank Customers divest over Fossil Fuels

    On 14 December, ANZ customers in Perth, Adelaide, Melbourne, Canberra and Sydney closed their accounts in protest over the bank's role as Australia's biggest lender to dirty coal and gas projects. If you're with one of Australia's major banks and have had enough of them funding fossil fuels, tell them! Go to http://www.marketforces.org.au/banks to take action.

    published: 14 Dec 2013
  • US bank Goldman Sachs posts massive profit

    (14 Jul 2009) AP Television New York City - 14 July 2009 1. Tilt down exterior Goldman Sachs headquarters in Manhattan 2. Mid shot US flags on exterior of Goldman Sachs building 3. SOUNDBITE: (English) Matt Albrecht, Standard and Poor's equity analyst: "Well I think they're really taking advantage of a lot of cheap government backed funding. They've got FDIC backed debt and with the credit markets improving a little bit, their funding has really been fairly inexpensive and I think they're gaining market share considering some competitors are out of the market now, some are still dealing with balance sheet risk issues, some of the bigger banks that are competing in some of the same markets and I think the combination of the two, plus all of the capital raising that was going on in ...

    published: 23 Jul 2015
  • Barclays bank fined $453m for market fixing

    Subscribe to our channel http://bit.ly/AJSubscribe Barclays share price has plunged by 17 per cent after the UK bank was hit by record fines for distorting key interest rates. The rates concerned play a major role in international financial markets and affect how businesses and consumers borrow money. Barclays agreed to pay $453m for using underhand tactics, including price-fixing, to rig the markets. Other British banks also slumped on reports that the scandal was set to engulf HSBC, Lloyds Banking Group and Royal Bank of Scotland. Laurence Lee reports from London. At Al Jazeera English, we focus on people and events that affect people's lives. We bring topics to light that often go under-reported, listening to all sides of the story and giving a 'voice to the voiceless.' Reaching...

    published: 28 Jun 2012
Kidsplanations Episode 6 – Lines of Credit

Kidsplanations Episode 6 – Lines of Credit

  • Order:
  • Duration: 0:41
  • Updated: 12 Dec 2016
  • views: 2146
videos
Lines of Credit can be complex. Here's a definition so simple, even a kid can explain it! For more Kidsplanations, check out https://discover.rbcroyalbank.com/kidsplanations-episode-7-resp/
https://wn.com/Kidsplanations_Episode_6_–_Lines_Of_Credit
Nout Wellink  wordt zenuwachtig van credit default swaps (CDS)

Nout Wellink wordt zenuwachtig van credit default swaps (CDS)

  • Order:
  • Duration: 2:02
  • Updated: 08 Jun 2011
  • views: 469
videos
Nout Wellink ziet een ander probleem. "Credit default swaps zijn in beginsel prachtige producten." Zij worden pas een probleem als de handel erin explosieve vormen aanneemt. Maar wanneer dat gebeurt is van tevoren niet te zeggen. Peter van Ingen wil graag weten of Wellink de sector niet meer had moeten waarschuwen. "Toen het goed ging op de markt wilde niemand naar me luisteren en kreeg ik geen podium", reageerde de president van de centrale bank, die aankondigde dat het Basel Comité snel met voorstellen komt om de gaten in de regels en het (verbrokkelde) bankentoezicht te dichten.
https://wn.com/Nout_Wellink_Wordt_Zenuwachtig_Van_Credit_Default_Swaps_(Cds)
Credit Suisse Downgraded Royal Bank of Scotland To Neutral From Outperform

Credit Suisse Downgraded Royal Bank of Scotland To Neutral From Outperform

  • Order:
  • Duration: 1:06
  • Updated: 10 Aug 2010
  • views: 89
videos
"Credit Suisse downgraded Royal Bank of Scotland (NYSE:RBS) on Tuesday to neutral from outperform after the broker reviewed first-half results from the bank sector in the U.K. The broker said, ""RBS results were inline and progress in non-core is better than expected. But recent disposal gains and risk weighted asset inflation in the first half have left us subdued. The next leg of the story, in our view, is capital. In the last 4 weeks, Basel amendments, interim results and fair value gains have increased our view of 2013 estimated capital by 8 billion pounds."" SmarTrend is bullish on shares of Royal Bank of Scotland and our subscribers were alerted to buy on July 26, 2010 at $14.46. The stock has risen 11.1% since the alert was issued."
https://wn.com/Credit_Suisse_Downgraded_Royal_Bank_Of_Scotland_To_Neutral_From_Outperform
R.B.C BANKING CONCERNS

R.B.C BANKING CONCERNS

  • Order:
  • Duration: 3:04
  • Updated: 09 Mar 2017
  • views: 281
videos
https://wn.com/R.B.C_Banking_Concerns
How to Make a Billion Dollars in a Year: Wall Street, Stocks, Mortgages, and Financial Crisis (2010)

How to Make a Billion Dollars in a Year: Wall Street, Stocks, Mortgages, and Financial Crisis (2010)

  • Order:
  • Duration: 51:56
  • Updated: 30 Aug 2013
  • views: 52348
videos
In 2005, Paulson became concerned about weak credit underwriting standards, excessive leverage among financial institutions and a fundamental mispricing of credit risk. To protect its investors against the risk in the financial markets, Paulson purchased protection through credit default swaps on debt securities they thought would decline in value due to weak credit underwriting. As credit spreads widened and the value of these securities fell, Paulson realized substantial gains for investors and is reported to have earned $15 billion with $12.5 billion in assets under management in 2007. In December 2009, the New York Times reported that Paulson had profited during the financial crisis of 2007 by betting against synthetic collateralized debt obligations (CDOs). On April 19, 2010, the Wall Street Journal reported that Paulson employee Paolo Pellegrini was the point man in Paulson's investment in subprime mortgages. In 2008, Paulson believed that credit problems would expand beyond subprime mortgages to include areas of consumer, auto, commercial and corporate credit, and that the rising credit costs would continue to stress financial institutions causing spreads to widen and causing certain institutions to fail. This bearish outlook on the credit markets led them to take short positions in some large financial institutions in the US and the UK with high degrees of leverage, high concentrations of assets in deteriorating sectors and rising credit costs. Sectors include mortgage finance companies, specialty finance companies and regional, national, and global banks. In September 2008, Paulson bet against four of the five biggest British banks including a £350m bet against Barclays; £292m against Royal Bank of Scotland; and £260m against Lloyds TSB. Paulson is reported to have earned a total of £280m after reducing its short position in RBS in January 2009. To help protect these bets, PCI and others successfully prevented attempts to limit foreclosures and rework mortgage loans. Following the collapse of Lehman Brothers in the fall of 2008 and the subsequent turmoil in the markets, Paulson launched a fund at the end of 2008 dedicated to restructuring and/or recapitalizing companies such as investment banks and other hedge funds currently feeling the pressure of the more than $345 billion of write downs resulting from under-performing assets linked to the housing market. By providing capital to companies at trough valuations, thus enabling them to survive beyond the crisis, Paulson believed there would be considerable upside potential through a subsequent recovery in the equity of these companies. Companies in the fund that benefited from such recapitalizations were largely concentrated in the financial, insurance and hotel sectors. Amongst some of the holdings disclosed in Paulson's June 30, 2009 13F filings were 2 million shares of Goldman Sachs as well as 35 million shares in Regions Financial Paulson also purchased shares of Bank of America in the spring of 2009 when the bank was forced to recapitalize its balance sheet following the results of the bank stress tests conducted by the US government, and was reported to have a 1.22% stake in the bank in 2011. According to certain sources, Paulson purchased the shares expecting the stock to double by 2011. After the 2008 Stock Market crash, Paulson's investment in Citigroup reportedly generated $1 billion from the original investment in 2009 through the end of 2010, called by reporters the "Betting on Citigroup". Mr. Paulson stated that the investment in Citigroup "demonstrates the upside potential of many of the restructuring investments we have added to our porfolio and our ability to generate above-average returns in large positions" In November 2009 Paulson announced a gold fund focused on gold mining stocks and gold-related investments. Paulson believed that the massive amount of balance sheet expansion through monetary stimulus undertaken by the Federal Reserve and other central banks would eventually lead to inflation in the US dollar and other fiat currencies. In such an environment, gold would become the alternative currency of choice for investors globally, causing the value of gold to increase significantly. Paulson also has a long track record of investing in distressed debt, bankruptcies and restructurings. The 2008-2009 financial crisis resulted in a record high level of defaults and bankruptcies across numerous industries, and Paulson was a large investor in many of the largest and most prominent ones, including the Lehman Brothers bankruptcy and liquidation. http://en.wikipedia.org/wiki/Paulson_%26_Co.
https://wn.com/How_To_Make_A_Billion_Dollars_In_A_Year_Wall_Street,_Stocks,_Mortgages,_And_Financial_Crisis_(2010)
Understanding the Financial Crisis - very well explanation! - illuminati control slaves 101!!!

Understanding the Financial Crisis - very well explanation! - illuminati control slaves 101!!!

  • Order:
  • Duration: 11:11
  • Updated: 24 May 2012
  • views: 7087
videos
very well explained example of how the Illuminati are and were using fake credit default swaps and DERIVATIVES TO COLLAPSE AND CONTROL THE ECONOMY and also through other instruments that are just useless paper backed by nothing at all. they can take your retirement funds and investments and completely rob you of your finance's and the rest of your money .don't put any money in the bank that you don't want people like Rockefeller or rothchilds to have for them selves because when the time is right they will steel it from you .
https://wn.com/Understanding_The_Financial_Crisis_Very_Well_Explanation_Illuminati_Control_Slaves_101
Lessons from the credit crisis

Lessons from the credit crisis

  • Order:
  • Duration: 51:00
  • Updated: 10 Dec 2010
  • views: 379
videos
Speakers: Sir John Gieve Chair: Howard Davies This event was recorded on 19 February 2009 in Sheikh Zayed Theatre, New Academic Building The past 18 months have been a tumultuous time for the financial sector and the global economy more generally. In this speech, his last as Deputy Governor at the Bank of England, Sir John Gieve will discuss some of the key lessons for public policy and outline some potential improvements that could be made to the framework and tools available to policy makers. Sir John Gieve was appointed Deputy Governor in January 2006. In addition to his membership of the Monetary Policy Committee, he has specific responsibility for the Bank's Financial Stability work and is a member of the Board of the FSA.
https://wn.com/Lessons_From_The_Credit_Crisis
UK Banks Pay Out $2.5 Billion For Swaps Mis-selling

UK Banks Pay Out $2.5 Billion For Swaps Mis-selling

  • Order:
  • Duration: 0:40
  • Updated: 14 Oct 2014
  • views: 51
videos
The financial regulator said on Tuesday, Britain's biggest banks have paid out 1.54 billion pounds ($2.46 billion) to compensate small firms mis-sold complex interest rate hedging products. The Financial Conduct Authority said that 9,858 cases had been settled by Barclays , HSBC , Lloyds Banking Group and Royal Bank of Scotland . The products were supposed to protect smaller companies against rising interest rates but, when rates fell, the companies had to pay large bills, typically running to tens of thousands of pounds. http://news.yahoo.com/uk-banks-pay-2-5-billion-swaps-mis-091222189--sector.html http://www.wochit.com
https://wn.com/UK_Banks_Pay_Out_2.5_Billion_For_Swaps_Mis_Selling
How to use credit card machine

How to use credit card machine

  • Order:
  • Duration: 0:54
  • Updated: 05 Aug 2016
  • views: 19173
videos
How to use credit card machine
https://wn.com/How_To_Use_Credit_Card_Machine
'Pay By Phone' System: Banks Sign Up

'Pay By Phone' System: Banks Sign Up

  • Order:
  • Duration: 2:24
  • Updated: 02 Apr 2014
  • views: 403
videos
A system which allows mobile phone users to send and receive money from their handsets without the need to swap account details has won the backing of most high street banks. Customers can now register their devices ahead of the Paym - pronounced 'pay em' - scheme's launch on April 29. The Payments Council (PC), which developed the system, said it can be used by "friends and family" to settle IOUs between each other. The organisation said UK consumers rack up an average of £255.81 annually on informal debt, totalling £12.6bn. It claims the system, which is similar to Barclays' two-year-old Pingit mobile money transfer service, is ideal for sharing restaurant bills with friends or putting money towards household bills. However, both payer and payee must have their phone numbers registered to utilise the service. Payments are password-protected but it is unclear to what extent the system is impervious to hackers. Customers of the Bank of Scotland, Barclays, Halifax, HSBC, Lloyds, Santander, TSB, Cumberland Building Society and Danske Bank will be able to use the service on its launch date. First Direct, Yorkshire and Clydesdale Bank users will be able to join later this year. The Royal Bank of Scotland (RBS) and NatWest are implementing IT upgrades, some mandatory and others by choice, ahead of joining the system. An RBS Group spokesperson told Sky News: "RBS and NatWest are committed to participating in the Paym service and offering our customers an additional way to send and receive payment using a mobile number only. "We expect to be able to offer this service later in the year." The banks have joined Barclays in rolling out peer-to-peer mobile payment systems, but they have general inter-bank restrictions.
https://wn.com/'Pay_By_Phone'_System_Banks_Sign_Up
The Storybook: BNZ 'EmotionScan'

The Storybook: BNZ 'EmotionScan'

  • Order:
  • Duration: 2:23
  • Updated: 29 Jun 2014
  • views: 1048
videos https://wn.com/The_Storybook_Bnz_'EmotionScan'
More banks to pay dear for Libor fixing

More banks to pay dear for Libor fixing

  • Order:
  • Duration: 0:26
  • Updated: 13 Jul 2012
  • views: 386
videos
http://www.euronews.com/ The Financial Times is reporting that as well as Barclays, another 11 global banks will be implicated in the Libor scandal. And according to analysts at Morgan Stanley the total cost of paying regulators and legal settlements could be 11.5 billion euros for those banks over the next two years. Barclays has already admitted manipulating Libor, a key interest rate for loans and derivatives. The Morgan Stanley analysts estimated that 2012 earnings will be reduced for Bank of America , Citigroup, JPMorgan Chase, Credit Suisse Group, UBS, Deutsche Bank, Societe Generale, Royal Bank of Scotland Group, HSBC Holdings and Lloyds Banking Group. Find us on: Youtube http://bit.ly/zr3upY Facebook http://www.facebook.com/euronews.fans Twitter http://twitter.com/euronews
https://wn.com/More_Banks_To_Pay_Dear_For_Libor_Fixing
I RIPPED UP A £20 NOTE

I RIPPED UP A £20 NOTE

  • Order:
  • Duration: 16:59
  • Updated: 07 Apr 2017
  • views: 1102
videos
YOU CAN SUBSCRIBE FOR MORE DAILY VIDEOS HERE! https://www.youtube.com/channel/UC-70... TWITTER- https://twitter.com/CaraFitzpatrixk INSTAGRAM-https://www.instagram.com/carafitzpat...
https://wn.com/I_Ripped_Up_A_£20_Note
ANZ Bank Customers divest over Fossil Fuels

ANZ Bank Customers divest over Fossil Fuels

  • Order:
  • Duration: 2:58
  • Updated: 14 Dec 2013
  • views: 584
videos
On 14 December, ANZ customers in Perth, Adelaide, Melbourne, Canberra and Sydney closed their accounts in protest over the bank's role as Australia's biggest lender to dirty coal and gas projects. If you're with one of Australia's major banks and have had enough of them funding fossil fuels, tell them! Go to http://www.marketforces.org.au/banks to take action.
https://wn.com/Anz_Bank_Customers_Divest_Over_Fossil_Fuels
US bank Goldman Sachs posts massive profit

US bank Goldman Sachs posts massive profit

  • Order:
  • Duration: 1:41
  • Updated: 23 Jul 2015
  • views: 33
videos
(14 Jul 2009) AP Television New York City - 14 July 2009 1. Tilt down exterior Goldman Sachs headquarters in Manhattan 2. Mid shot US flags on exterior of Goldman Sachs building 3. SOUNDBITE: (English) Matt Albrecht, Standard and Poor's equity analyst: "Well I think they're really taking advantage of a lot of cheap government backed funding. They've got FDIC backed debt and with the credit markets improving a little bit, their funding has really been fairly inexpensive and I think they're gaining market share considering some competitors are out of the market now, some are still dealing with balance sheet risk issues, some of the bigger banks that are competing in some of the same markets and I think the combination of the two, plus all of the capital raising that was going on in the second quarter, really led to these results." AP Television- FILE: New York City - Exact date unknown 4. Tilt down exterior Merrill Lynch building 5. Tight shot Merrill Lynch sign AP Television New York City - 14 July 2009 6. SOUNDBITE: (English): Matt Albrecht, Standard and Poor's equity analyst: "I don't they're (Merrill Lynch) going to take as much risk as someone like Goldman, I don't think they have that desire to at this point, so I don't think we'll see the outsized gains that we saw at Goldman, and they may post a loss considering TARP (Troubled Asset Relief Programme) repayment costs and some of these other write-downs. But I think overall the two have less risk than some of these other big banks that have a lot of retail exposure, so I think in the long run they'll be fine. They're going to be trailing Goldman Sachs though this quarter." AP Television New York City - FILE- date unknown 7. Tight shot Citibank sign 8. Pull out Citigroup building exterior 9. Tilt down exterior of JPMorganChase AP Television New York City - 14 July 2009 10. Mid shot exterior Goldman Sachs building STORYLINE: Goldman Sachs Group Inc. said on Tuesday its second-quarter profit easily surpassed expectations as profit was buoyed by strength in its trading and underwriting businesses. Long considered one of the strongest banks in the financial sector, analysts widely expected Goldman's profit to continue its rebound. Goldman posted a quarterly loss during the final quarter of 2008 amid the mushrooming credit crisis before returning to profitability in the first three months of 2009. During the quarter ended June 26, the New York-based banking giant earned 2.72 (b) billion US dollars, or 4.93 US dollars per share, after preferred stock dividends. Goldman recorded a charge of 78 cents per share as it repaid the government's 10 (b) billion US dollar investment in the bank as part of the Troubled Asset Relief Programme. The bank had previously announced it would be taking the charge during the second quarter. Matt Albrecht, a Standard and Poor's equity analyst, said Goldman is benefiting from improved credit markets and that many of its competitors are struggling. "Well I think they're really taking advantage of a lot of cheap government backed funding. They've got FDIC backed debt and with the credit markets improving a little bit, their funding has really been fairly inexpensive and I think they're gaining market share considering some competitors are out of the market now," said Albrecht. Goldman is the first bank to report second-quarter earnings, and analysts predict other banks' results may not be as strong. Others face greater loan losses because of their focus in retail banking, and their more conservative approach to business after the credit crisis could hinder a return to strong profits. Goldman's profit would have been better had it not been for a charge taken to repay the government investment. You can license this story through AP Archive: http://www.aparchive.com/metadata/youtube/2e682889bdd398f34bd2eaa35d6141d5 Find out more about AP Archive: http://www.aparchive.com/HowWeWork
https://wn.com/US_Bank_Goldman_Sachs_Posts_Massive_Profit
Barclays bank fined $453m for market fixing

Barclays bank fined $453m for market fixing

  • Order:
  • Duration: 2:40
  • Updated: 28 Jun 2012
  • views: 2016
videos
Subscribe to our channel http://bit.ly/AJSubscribe Barclays share price has plunged by 17 per cent after the UK bank was hit by record fines for distorting key interest rates. The rates concerned play a major role in international financial markets and affect how businesses and consumers borrow money. Barclays agreed to pay $453m for using underhand tactics, including price-fixing, to rig the markets. Other British banks also slumped on reports that the scandal was set to engulf HSBC, Lloyds Banking Group and Royal Bank of Scotland. Laurence Lee reports from London. At Al Jazeera English, we focus on people and events that affect people's lives. We bring topics to light that often go under-reported, listening to all sides of the story and giving a 'voice to the voiceless.' Reaching more than 270 million households in over 140 countries across the globe, our viewers trust Al Jazeera English to keep them informed, inspired, and entertained. Our impartial, fact-based reporting wins worldwide praise and respect. It is our unique brand of journalism that the world has come to rely on. We are reshaping global media and constantly working to strengthen our reputation as one of the world's most respected news and current affairs channels. Social Media links: Facebook: https://www.facebook.com/aljazeera Instagram: https://instagram.com/aljazeera/?ref=... Twitter: https://twitter.com/ajenglish Website: http://www.aljazeera.com/ google+: https://plus.google.com/+aljazeera/posts
https://wn.com/Barclays_Bank_Fined_453M_For_Market_Fixing
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