Santander Bank UK | Euro Transfer Exchange Rates


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Revisiting an article from 7 years ago. Is that to show it was wrong then, is wrong now or never going to be right? There is a distinct lack of credibility with just about every PM commentator and the sites that publish them repeating the message reinforces that.

Deutsche Bank AG (DB) Q4 2016 Results - Earnings Call

My best German source informs me that 8 major banks are in trouble, and these 8 banks are fighting every single night to fight off insolvency and failure.  He says CitiGroup in New York, Barclays in London, and Deutsche Bank in Germany- every single night are in trouble.  

Deutsche Bank labels pound 'IRRELEVANT' after Brexit

In other news, if my aunt had balls, she 8767 d be my uncle. There are numerous black swans flying around. I just one would hurry up and land LOL!

FXStreet - The Foreign Exchange Market

Letting the biggest banks in the Western banking system collapse is a choice, and the central bankers are not going to let that happen. JW wouldn 8767 t buy put options on DB, he knows better, he is just talking about the risks in the system.
Policy markers will paper over what ever is needed, they will nationlize what ever bank if needed. 
It 8767 s their banking system, they will make-up the rules as needed, they will do as needed to keep if alive, betting that it will collapse is silly.

Probes into the rigging of foreign-exchange markets and interest-rate benchmarks have led to lenders across the globe paying billions of dollars in fines and an overhaul of how such rates are set.

Bloomberg x7569 s Dollar Spot Index, which measures the greenback against major peers, xA5 fell percent, extending last week x7569 s percent decline.

For example, Greece and Italy couldn 8767 t have their debt ratios over certain levels, so what Deutsche Bank did was they turned nice big chunks of Sovereign debt into currency swaps.

By using their banks' accounts to carry out matching trades for their own benefit, the two men admitted they had engaged in acts of deception on their respective employers.

Deutsche Bank 8767 s CEO could not withstand an assault on their office to retrieve data, even though he appealed to several high level politicians.

One could predict a slow moving train crash if they knew the speed of the train and when the train track runs out.    There are any number of rails that this train could take, and derail on that track, or just run out of track. So if you 8767 re bitching about predictions, then get real.  This is a once in a lifetime event.  Make your decisions based on understanding today 8767 s market (lack there of) and associated facts, and live with them.

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