Banks – Page 6 – THE OVAL CIRCLE

West abandons Russia SWIFT plans – Ukraine

Posted on February 13, 2022February 13, 2022By Editor

Kiev’s top diplomat calls the sanctions package considered by the US and EU a ‘powerful economic bomb’ . … Read More >West abandons Russia SWIFT plans – Ukraine

World

Bank freezes Freedom Convoy donations

Posted on February 12, 2022February 12, 2022By Editor

TD seeks to entrust the $1.4 million raised for the truckers to an Ontario court . … Read More >Bank freezes Freedom Convoy donations

Business

Russia reveals record high stockpiles of gold

Posted on February 2, 2022February 2, 2022By Editor

Russia’s international reserves surged $1.4 billion in a week, hitting a new historical maximum of $639.6 billion as of January 21, data from the Bank of Russia shows. … Read More >Russia reveals record high stockpiles of gold

Business

Major British bank fined for laundering trash bags full of cash

Posted on December 16, 2021December 16, 2021By Editor

NatWest, the UK’s biggest business bank, has been fined £265 million ($350 million) for failing to prevent the laundering of nearly £400 million. It’s the first criminal money laundering case against a British bank. … Read More >Major British bank fined for laundering trash bags full of cash

Business

Wall Street to share Covid-era profits with its bankers

Posted on December 16, 2021December 16, 2021By Editor

JPMorgan Chase and Goldman Sachs are reportedly planning to award their investment bankers with major bonuses in 2021, following a post-pandemic boom in deal-making. … Read More >Wall Street to share Covid-era profits with its bankers

Business

US-born businessman arrested in Russia for multimillion-dollar fraud

Posted on December 11, 2021December 11, 2021By Editor

A St. Petersburg court has detained a US-born businessman on suspicion of large-scale fraud. August Meyer is a co-owner of Russia’s third-largest cosmetics chain, Rive Gauche, and e-commerce site Ulmart. … Read More >US-born businessman arrested in Russia for multimillion-dollar fraud

Business

Bank fined for charging the dead

Posted on December 2, 2021December 2, 2021By Editor

One of Australia’s biggest banks, Westpac, apologized and agreed to pay millions in fines after settling six of seven continuing probes over consumer harm, including charging fees to dead people. … Read More >Bank fined for charging the dead

Zurich police remove 200 climate activists blocking banks over fossil fuel funding (VIDEOS)

Posted on August 10, 2021August 10, 2021By Editor

Police have started removing around 200 climate activists who staged a protest at the entrance to banks Credit Suisse and UBS in Zurich demanding the financial institutions stop financing fossil fuel projects. … Read More >Zurich police remove 200 climate activists blocking banks over fossil fuel funding (VIDEOS)

Shows

On Contact: Economic disobedience and debt abolition

Posted on July 24, 2021July 24, 2021By Editor

On the show this week, Chris Hedges discuss economic disobedience and debt refusal with Thomas Gokey from Debt Collective. … Read More >On Contact: Economic disobedience and debt abolition

Middle East

WATCH: Beirut bank STORMED by angry protesters, group claims $180k of ‘stolen’ cash recovered for people of Lebanon

Posted on June 30, 2021June 30, 2021By Editor

Dozens of people have reportedly laid siege to the Lebanese Swiss Bank in Beirut and attacked three staff, as they demanded access to tens of thousands of dollars in a bid to alleviate dire living conditions in Lebanon. … Read More >WATCH: Beirut bank STORMED by angry protesters, group claims $180k of ‘stolen’ cash recovered for people of Lebanon