Category Archives: Lloyds

It’s A Wonderful Life Is A Wonderful Lesson To Hold Gold Outside of The Banking System

By silveristhenew | Published December 23, 2017

It’s A Wonderful Life Is A Wonderful Lesson To Hold Gold Outside of The Banking System – Christmas film serves as reminder that savings are not guaranteed protection by banks– Savers are today more exposed to banking risks than ever before– Gold and silver investment reduce exposure to counterparty risks seen in financial system– Basket […]

Also posted in bank, Bank Failures, Bank of England, Bank Run, banking, Barclays, Bitcoin, Bundesbank, business, Consumer Confidence, Consumer Credit, Counterparties, Durham University, Economic Bubbles, Economics, Economy, European Central Bank, European Union, Fail, FBI, Federal Bureau of Investigation, finance, fractional reserve banking, Insurance Companies, interest rate, Jim Cramer, John Maynard Keynes, Leading Economic Indicators, Mad Money, Maynard Keynes, Mervyn King, Monetary Policy, money, None, RBS, Reuters, Savings and loan association, Sovereigns, Stagflation, Switzerland, systemic risk, UK government, Washington Mutual, West Coast | Tagged north korea | Comments Off

Financial Times Survey: Banks’ Brexit Relocations By March 2019 Much Lower Than Feared

By silveristhenew | Published December 13, 2017

In the run-up to the recent agreement on phase I of Brexit, there was mixed news on the extent to which jobs in the City of London would be relocated to other European hubs, primarily Frankfurt. On one hand, we discussed the meeting between US Commerce Secretary, Wilbur Ross, and executives of JPM, Goldman, HSBC […]

Also posted in banks, Brexit, business, Deutsche Bank, European Central Bank, European Union, Euroscepticism in the United Kingdom, finance, financial services, HSBC, investment banks, Jamie Dimon, JPMorgan Chase, Morgan Stanley, Newspaper, Primary Dealers, Subprime mortgage crisis, United Kingdom European Union membership referendum, Wilbur Ross | Tagged goldman sachs | Comments Off

Risk Of Online Accounts Seen As One of Largest Brokerages In World Temporarily Halts Online Trading After “Glitch”

By silveristhenew | Published December 1, 2017

– ‘Technical issue’ at Fidelity blocks access to online accounts, stops online trading– Fidelity is 3rd largest brokerage by client assets: $1.7 trillion at the end of 2016– NatWest, RBS, Ulster Bank have experienced online banking “issues” in November– Clients left without access to funds & failed payments & little to no recourse– Social media exposing […]

Also posted in bank, Bank of England, Bitcoin, business, Central Banks, Digital Cash, Digital gold currency, ETC, European Banking Authority, European Central Bank, Fail, finance, Germany, Gold As An Investment, Iran, money, NatWest, online banking, Precious Metals, Puerto Rico, RBS, Reality, Reuters, Russian central bank, Silver As An Investment, Sovereigns, Switzerland, United Kingdom, United States Senate, US Federal Reserve, Volatility | Tagged investment | Comments Off

ECB Preview: Here’s What Draghi Will Announce Today

By silveristhenew | Published October 25, 2017

Today’s ECB meeting is expected to be one of the most important in recent years: Mario Draghi has signaled, and is widely expected to announce a blueprint of what the central bank’s QE tapering will look like beyond 2017, and while no actual tightening will be implemented – either via rates of asset purchases – […]

Also posted in "Mario Draghi", Barclays, Bloomberg News, Bond, business, Deutsche Bank, Economy, Economy of the European Union, Euro, Eurogroup, European Central Bank, European Union, Eurozone, fixed, Group of Thirty, inflation, macroeconomics, Monetary Policy, Morgan Stanley, RANSquawk, Reuters, SocGen, Volatility | Comments Off

Frontrunning: October 24

By silveristhenew | Published October 24, 2017

Corker Tells Trump to Stay Out of the Tax Debate (BBG) Food fight? After spats on Twitter, Trump’s having lunch with Senate Republicans (McClatchy) As ‘New Era’ Dawns, Xi’s Party Stays Out of the Sun (WSJ) China enshrines ‘Xi Jinping Thought’, key Xi ally to step down (Reuters) U.S. Set to Resume Admitting Refugees but […]

Also posted in Apple, bank of canada, Bank of England, BBG, Bitly, Boeing, Bond, Brexit, business, Canadian Government, China, congress, Department of Justice, Donald Trump, European Central Bank, European Commission, European Union, Federal Government, finance, Finance Department, HBOS, High Court, House of Commons, HSBC, Italy, Japan, Mexico, Monetary Policy, money, Nikkei, on.wsj.com/2yKBlGQ FT UK’s Financial Conduct Authority, Ontario Securities Commission, Real estate, Republican party, Reuters, Royal Bank of Scotland, Thomson Reuters, Trump Administration, Twitter, U.S. Department of Justice, White House | Comments Off

Previewing The September “Hurricane-Disrupted” Jobs Report

By silveristhenew | Published October 5, 2017

Tomorrow’s hurricane-affected September jobs report will be… confusing. That is the (lack of) consensus from Wall Street analysts, who expect an average print of 80,000 (down from the 3-month average of 185K), however with huge variance on either side, with 4 economists predicting a loss of jobs, three expecting a print higher than 150K and […]

Also posted in "Jobless Claims", Atlantic hurricane season, Barclays, business, Debt Ceiling, Deutsche Bank, Economy, Florida, Geography of the United States, hurricane Harvey, Hurricane Ike, Hurricane Irma, Hurricane Maria, Initial Jobless Claims, Labor, Lehman, Lehman Brothers, Markit, Meteorology, Non-manufacturing ISM, nonfarm payrolls, Payroll, Payroll Data, Puerto Rico, RANSquawk, Reality, SocGen, Unemployment Insurance, US Federal Reserve, Volatility | Tagged goldman sachs, Unemployment | Comments Off

Gold Hedges Against Currency Devaluation and Cost Of Fuel, Food, Beer and Housing

By silveristhenew | Published July 23, 2017

Gold Hedges Against Currency Devaluation and Cost Of Fuel, Food, Beer and Housing – Gold hedge against currency devaluation – cost of fuel, food, housing– True inflation figures reflect impact on household spending– Household items climbed by average 964%– Pint of beer sees biggest increase in basket of goods – rise of 2464%– Bread rises 836%, […]

Also posted in ATM, Aussie, Bank of England, Bitcoin, British Pound, business, Central Banks, China, CPI, Credit Crisis, Currency, Economy, European Central Bank, Germany, Gold, Gold As An Investment, headlines, Hong Kong, Hyperinflation, inflation, Italy, Jim Rickards, money, Pound Sterling, Precious Metals, Purchasing Power, Reuters, Silver As An Investment, Southern Europe, United States Dollar, Zimbabwean dollar, Zurich | Tagged india | Comments Off

Barclays, Former CEO Criminally Charged Over Qatar Fundraising

By silveristhenew | Published June 20, 2017

Two familiar names are in the news this morning, after the UK’s Serious Fraud Office filed criminal charges against Barclays Plc and four former executives, including former CEO John Varley, for conspiracy to commit fraud regarding the bank’s 2008 capital raising from Qatar. The SFO said Tuesday that former Chief Executive Officer John Varley, former […]

Also posted in Barclays, Bob Diamond, business, Clan Barclay, Corruption, DOJ, Economy, financial services, investment banking, Jes Staley, law, Meltdown, Middle East, Roger Jenkins, Serious Fraud Office, U.S. Securities and Exchange Commission, UK's Serious Fraud Office | Comments Off

Frontrunning: June 2

By silveristhenew | Published June 2, 2017

Strong U.S. job growth expected in May; wage rise seen moderate (Reuters) Trump’s Paris Exit Leaves Him Isolated From C-Suites to Capitals (BBG) Critics lament Trump climate move, supporters seek new deal (Reuters) Musk, Iger to quit Trump advisory councils after Paris accord decision (Reuters) Yuan Forecasters Getting It Wrong as China Jolts Markets (BBG) […]

Also posted in American people of German descent, Asia-Pacific, Bank of England, BBG, Bitly, Brexit, British police, business, China, Climate change skepticism and denial, congress, Consumer Credit, Councils, Donald Trump, Economy, European Commission, European Union, George Soros, Google, KKR, Meltdown, New York State, Reuters, SWIFT, The Apprentice, Themed Entertainment Association, Uber, White House, WWE Hall of Fame, Yuan | Tagged default | Comments Off

Frontrunning: May 18

By silveristhenew | Published May 18, 2017

FBI’s Russia Probe Gains Credibility With Mueller In Charge (BBG) Trump storm hits stocks again but dollar steadies (Reuters) Flynn stopped military plan Turkey opposed – after being paid as its agent (McClatchy) Kremlin declines to comment on probe of Trump ties with Russia (Reuters) Trump To Announce $350bn Saudi Arabia Arms Deal – One […]

Also posted in Apple, Apple Inc., BC Green Party, Bitly, Bond, British government, business, Donald Trump, Economy of the United States, European Central Bank, European Union, FBI, Federal Bureau of Investigation, Ford, Foxconn, Lloyds Bank, Qualcomm, Real estate, recovery, Reuters, S&P/TSX 60 Index, S&P/TSX Composite Index, Saudi Arabia, Technology, UK Court of Appeal, United States Department of Homeland Security, US Federal Reserve, Volatility, Volkswagen | Tagged india, turkey, Unemployment | Comments Off