Silver as an investment

Category Archives: Banking in Switzerland

“Gnomes Of Zurich” In Panic As Saudi Corruption Crackdown Sparks Flood Of Money Laundering Inquiries

By silveristhenew | Published December 4, 2017

There are two divergent views on the crackdown on corruption by Saudi Arabia’s crown prince, Mohammed bin Salman (MBS), which led to the arrest and detention of 200 princes, ministers and former ministers. On one hand, it was a masterstroke which will earn political capital with the Saudi people and catalyse an Arab Spring in […]

Also posted in Corruption, Credit Suisse, federal police service, FIFA, Heirs apparent, House of Saud, International propagation of Salafism and Wahhabism, Kings of Saudi Arabia, Middle East, Mohammad bin Salman, monarchy, National Guard, Saudi Arabia, Saudi Arabian purge, Swiss Banks, Switzerland, Zurich | Comments Off on “Gnomes Of Zurich” In Panic As Saudi Corruption Crackdown Sparks Flood Of Money Laundering Inquiries

The Swiss National Bank Owns $80 Billion In US Stocks – Here’s The Catch

By silveristhenew | Published July 1, 2017

Authored by John Mauldin via MauldinEconomics.com, Switzerland is a small country of just 8 million people, but they make an outsized impact on economics and finance and money. Because Switzerland is considered a safe haven and a well-run country, many people would like to hold large amounts of their assets in the Swiss franc. This […]

Also posted in Apple, Bear Market, Bond, central bank, Central Banks, China, Currency Intervention, Economy, European Central Bank, finance, financial services, National Bank of Liechtenstein, Real estate, Swiss Franc, Swiss National Bank, Switzerland | Comments Off on The Swiss National Bank Owns $80 Billion In US Stocks – Here’s The Catch

Meet Brad Birkenfeld: “Lucifer’s Banker”

By silveristhenew | Published April 18, 2017

Authored by Adam Taggart via PeakProsperity.com, Just how bad is the ongoing fraud in the banking system? Get ready for a mind-bowing expose by a former insider at UBS. Brad Birkenfield, author of Lucifer's Banker: The Untold Story of How I Destroyed Swiss Bank Secrecy, recounts the efforts he uncovered by his employer to help […]

Also posted in Bank Secrecy, Bradley Birkenfeld, business, Department of Justice, finance, financial services, investment banks, IRS Whistle-blower Office, money, privacy, Raoul Weil, Tax evasion in the United States, tax fraud, UBS, UBS tax evasion controversy, US government | Comments Off on Meet Brad Birkenfeld: “Lucifer’s Banker”

Credit Suisse Settles With DOJ For $5.3 Billion; Will Pay $2.5 Billion Civil Penalty

By silveristhenew | Published December 23, 2016

Shortly after last night’s news that Deutsche Bank had settled with the DOJ for $7.2 billion, of which it would pay $3.1 billion in a civil penalty, far lower than the $14 billion number initially speculated (the stock popped as much as 4% before settling just over 2% higher currently), Credit Suisse likewise closed the […]

Also posted in Bank of America, Barclays, business, Credit Suisse, Department of Justice, Deutsche Bank, DOJ, Economy, finance, Financial crisis of 2007–2008, financial services, Israel, JPMorgan Chase, Justice Department, Morgan Stanley, Obama Administration, Primary Dealers, Royal Bank of Scotland, Switzerland, UBS, Wells Fargo | Tagged | Comments Off on Credit Suisse Settles With DOJ For $5.3 Billion; Will Pay $2.5 Billion Civil Penalty