Silver as an investment

Category Archives: Serious Fraud Office

The Secret History Of The Banking Crisis

Authored by Adam Tooze via, Accounts of the financial crisis leave out the story of the secretive deals between banks that kept the show on the road. How long can the system be propped up for? It is a decade since the first tremors of what would become the Great Financial Crisis began to […]

Frontrunning: July 25

Dollar slumps to 13-month lows before Fed; euro up (Reuters) Overwhelming approval likely for Russia bill (Reuters) Trump to study tougher Russia sanctions bill: White House (Reuters) Unrest bubbles among Trump’s key foreign policy aides (Reuters) Abe Overtaken by Rival as Top Choice for Japan Premier in Poll (BBG) More U.S. Cars Are Made in […]

Barclays, Former CEO Criminally Charged Over Qatar Fundraising

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 […]

Secret Recording Implicates Bank of England In Libor Rigging

While it may seem like yesterday, it was nearly five years ago that the Libor scandal first broke, and with it brought scandalous suggestions that none other than the Bank of England was implicated. As we first reported in July 2012, according to Barclays then CEO Bob Diamond, it was high level individuals at the […]

Global Stocks Pressured As Oil Slides On OPEC Deal Concerns; US Futures, Dollar Rise

European stocks were little changed and oil fell as investors assessed declining prospects for an OPEC deal and risks from Italy’s referendum. Asian stocks declined, while S&P futures pointed to a fractionally higher open, erasing 3 points from yesterday’s drop. Trader attention today – and tomorrow – will be focused on oil which retreated back […]

Frontrunning: October 24

The CEO Behind AT&T’s Huge Time Warner Deal (BBG) AT&T-Time Warner deal sparks calls for scrutiny in Washington (Reuters) Wall Street’s $40 Billion AT&T Pledge Offers Fees and Risks (BBG) Bernie Sanders: Obama Administration “Should Kill” The AT&T-Time Warner Deal (Deadline) Oil prices under pressure as Iraq resists joining output cut (Reuters) Europe’s Stocks Rise […]

Frontrunning: September 23

Futures slip after three-day rally as oil dips (Reuters) Charlotte protests diminish early on Friday as family views video (Reuters) Undecided Voters Are Proving a Tough Sell for Clinton and Trump (BBG) Facebook Overestimated Key Video Metric For Two Years (WSJ) Trump received $1.6 million from Secret Service (Politico) How Bond Yields Got This Low […]

Frontrunning: September 7

Trump and Clinton look to pass U.S. commander-in-chief test (Reuters) Undecided GOP-Leaning Voters Provide an Opening for Donald Trump (WSJ) Stage set for iPhone 7, but many await 8 (Reuters) Dollar Slides Versus Yen as Prospect of September Fed Hike Dims (BBG) World stocks hit one-year highs as Fed hike prospects fade (Reuters) Merkel strikes […]

Frontrunning: August 8

Global stocks, dollar gain as payrolls fuel risk-on trades (Reuters) Suicide bomber kills at least 50 at Pakistan hospital (Reuters) Oil Rises Despite Supply Glut (WSJ) Waiting Forever for Fed Model Bull Case on Stocks to Come True (BBG) Fed’s Powell urges patience on U.S. rates, citing growth risks (Reuters) Trump to Propose Moratorium on […]

S&P To Open At New Record High As Commodities Rise, China Trade Disappoints

The meltup continues with the S&P500 set to open at new all time highs as futures rise 0.2% overnight, with European, Asian stocks higher, as job data pushed MSCI Asia Pacific Index towards highest close since Aug. 2015. Germany, U.K. economic data seen positive, with dollar, oil rising, and gold declining. Global equities advanced with […]