zerohedge.com / by Tyler Durden on 08/25/2014 11:49
Now that Q2 earnings season is over, here is a summary of how all those hundreds of billions in stock buybacks have done.
According to Deutsche Bank, in Q2 EPS, or rather non-GAAP EPS, for S&P 500 stocks rose to $29.50, an impressive [...]
zerohedge.com / by Tyler Durden / 08/22/2014 08:52 -0400
While the US Q2 earnings season is now largely in the history books, an interesting place to get some additional commentary on the world economy is none other than China’s leading global sourcing/supply-chain management firm Li & Fung, which “supplies high-volume, time-sensitive consumer goods [...]
truthingold.com / Dave in Denver / August 8, 2014 at 08:57
Mainstream media continue to ignore mounting evidence that gold prices have been and are being manipulated. In recent years one financial market scandal after another about market manipulation has surfaced.
According to Fideres, a consultancy firm, global gold prices [...]
zerohedge.com / by Tyler Durden on 08/04/2014 20:01
Back in 2010 we were the first to show that the only thing that matters for centrally-planned, Fed (and HFT)-manipulated markets is the size of the Fed’s balance sheet and the only financial statement of any macro relevance is the Fed’s weekly H.4.1 release. [...]
goldbroker.com / Philippe Herlin / Jul 31, 2014
We know, since last year, that Deutsche Bank has become the bank with the most exposure to derivatives in the world, slightly ahead of JP Morgan. The total amount of the German bank’s derivatives is astounding: 55 Trillion euros, a sum equal to 20 times Germany’s GDP, [...]
zerohedge.com / by Tyler Durden on 07/22/2014 15:41
First it was French BNP that was punished with a $9 billion legal fee after France refused to cancel the Mistral warship shipment to Russia (which promptly led to French National Bank head Christian Noyer to warn that the days of the USD as a reserve [...]
zerohedge.com / by Tyler Durden / 07/08/2014 08:04 -0400
As we reported over the weekend in “By “Punishing” France, The US Just Accelerated The Demise Of The Dollar“, following the record $9 billion fine against French BNP, the outcry has been fast and furious, with virtually everyone in the local chain of [...]
zerohedge.com / by Tyler Durden / 06/17/2014 08:26 -0400
It was just over a year ago when we wrote “Bond Bubble Goes Full Retard“, specifically looking at Africa where previously ‘Rwanda had issued USD-denominated debt at 7% (lower than Spain yields less than a year ago) just as bond yields of 90% of [...]
market-ticker.org / by Karl Denninger / 2014-05-24 11:39
Oh do come on….
Doug Naidus made his fortune selling a mortgage company to Deutsche Bank AG months before the U.S. housing market collapsed. Now he’s found a way to profit from loans to business owners with bad credit.
From an office near New York’s [...]
Anshu Jain (L) and Juergen Fitschen (R), co-CEOs of Deutsche Bank AG and Paul Achleitner, head of the supervisory board, pose for the media prior to a shareholders meeting in Frankfurt May 22, 2014. Credit: Reuters/Ralph Orlowski
reuters.com / FRANKFURT Thu May 22, 2014 8:40am EDT
Reuters) – Deutsche Bank (DBKGn.DE) gave shareholders [...]
zerohedge.com / by Tyler Durden / 05/19/2014 07:00 -0400
It was supposed to be a blistering Mega Merger Monday following the news of both AT&T’a purchase of DirecTV and Pfizer’s 15% boosted “final” offer for AstraZeneca. Instead it is shaping up to be not only a dud but maybe a drubbing, with [...]
truthingold.com / truthing / May 15, 2014 at 09:39
It was born in the late 19th century when a handful of London bullion dealers agreed to meet daily under a cloud of cigar smoke to set the price for the “devil’s metal”. But now, after 117 years of operation, the London silver [...]
zerohedge.com / by Tyler Durden on 05/13/2014 15:16 -0400
Every year Deutsche Bank releases its fascinating index of real-time prices around the world which looks at the cost of various goods and services from a purchase-price parity basis. And as we did last year, we focus on one specific subindex: that looking at the price [...]
therealasset.co.uk / by Jan Skoyles / Apr 30 2014
The gold price is holding steady below $1,300 this morning ahead of the FOMC statement release. There is rife speculation amongst analysts that the FOMC will decide to cut the Federal Reserve’s monthly asset purchases by $10 billion to $45 billion.
truthingold.com / truthing / April 30, 2014 at 09:16
Deutsch has failed to sell its seat on the London gold-fixing panel following a three-month search for potential buyers, raising fresh concerns about the credibility of the historic benchmark.
The German lender is one of five banks that set the twice [...]
gata.org / By Clara Denina (Reuters) / April 29, 2014
LONDON — Deutsche Bank has resigned its seat on the London precious metal fixes without finding a buyer, a spokesman for the lender said today, leaving four banks to set the global gold price benchmark under increasing regulatory scrutiny.
Sources told Reuters last week that [...]
zerohedge.com / by Tyler Durden on 04/28/2014 – 14:56
It is perhaps supremely ironic that the last time we did an in depth analysis of Deutsche Bank’s financial situation was precisely a year ago, when the largest bank in Europe (and according to some, the world), stunned its investors with a 10% equity dilution. Why [...]
reuters.com / BY CLARA DENINA AND JAN HARVEY / Fri Apr 25, 2014 9:41am EDT
Deutsche Bank may end up resigning its seat on the London gold fix rather than selling it as U.S. lawsuits alleging price rigging against the five banks that set the benchmark deter potential buyers, industry sources said.
gata.org / By Clara Denina and Jan Harvey (Reuters) / Friday, April 25, 2014
LONDON — Deutsche Bank may end up resigning its seat on the London gold fix rather than selling it as U.S. lawsuits alleging price rigging against the five banks that set the benchmark deter potential buyers, industry sources said.
Over the [...]
zerohedge.com / by Tyler Durden / 04/22/2014 06:52 -0400
It has been a fairly quiet few days with traders around the world returning from the Easter long weekend this morning.
As Deutsche Bank notes, the latest developments in Ukraine have perhaps been one of the major highlights over the last [...]
zerohedge.com / by Tyler Durden on 03/25/2014 – 15:49
The dismal list of financial executive deaths has recently increased to 11 in the last few months. Speculation has surrounded many of these deaths (and suicides) as to the reasoning; none more than the first – William Broeksmit, an executive who worked in Deutsche Bank’s risk [...]
bloomberg.com / By Ben Moshinsky / Mar 24, 2014 8:58 PM GMT+0800
Coroners in London are preparing to investigate two apparent suicides as unexpected deaths by finance workers around the world have raised concerns about mental health and stress levels in the industry.
The inquest into the death of William Broeksmit, 58, a retired Deutsche [...]
thedailybell.com / By Staff Report / March 12, 2014
AIS files class-action suit against gold-fix banks … A U.S. investment-management firm has filed a lawsuit against the five banks that set the London benchmark gold price, alleging that the banks conspired to manipulate the price of gold for their own gain. – MarketWatch
Dominant Social [...]
caseyresearch.com / Ed Steer / March 5, 2014
¤ YESTERDAY IN GOLD & SILVER
The gold price did very little until just before 2 p.m. Hong Kong time—and that’s when the HFT boyz showed up and shaved a bit more than ten bucks off the price in just a few minutes. Volume was a hefty [...]
dollarvigilante.com / Justin O’Connell / February 24th, 2014
Mt. Gox is dead. There is not much a chance they will be able to overcome the press of the past four months and re-establish themselves as a trustworthy bitcoin wallet and exchange. And they haven’t even gone bankrupt yet.
For that reason, bitcoin [...]
therealasset.co.uk / by JAN SKOYLES / FEB 24 2014
A month ago we looked at an archaic part of the gold investment market – the London Gold Fix – and outlined what it was and asked if it even mattered anymore.
A huge amount of attention has been placed on the 100 year old [...]
zerohedge.com / by Tyler Durden / 02/12/2014 09:49 -0500
In a surprising, and to the ECB very disappointing, decision, we reported last week that the German Constitutional Court (GCC) stunned the world when it announced that the “ECB’s Outright Monetary Transactions program likely exceeded the central bank’s powers.” In other words, finally someone dared to [...]