Blog/Banking Crisis

Top 30 Risky Banks – Does it Really Matter?

The Royal Bank of Canada (RPC) has been added to the list of the top 30 banks posing the greatest risk. The top US bank is JP Morgan which is now the only bank [...]

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Société Générale Announces Major Reduction in Staff & Branches

  COMMENT: Mr. Armstrong; Your warning about the European Banks has come to a head today. Société Générale has announced it is closing 300 branches and [...]

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The Hidden Risk of Broker/Clearer

QUESTION: Dear Mr. Armstrong, Thank you for your work in “educating” us in your “University of the Conscious Investor”! My question relates [...]

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Banking Insurance & The Complete Undermining of the Entire Financial System

COMMENT: Just quizzed the Canadian Bank insurance CDIC. It is obvious they do not have a specific time period in which to pay claims. Kept dancing around the [...]

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Banking Insurance – The Real Risk Behind the Curtain

  COMMENT: I’m sure you are aware but just highlighting that the ‘Assumption’ goes deeper than personal bank accounts, as this is ALSO the assumption [...]

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Bank Insurance Clarification – A contagion eliminates all Rules!

The entire banking insurance schemes created during the aftermath of the Great Depression, are predicated upon an ASSUMPTION that a bank failure is a single [...]

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ECB & the Coming Banking Crisis

  QUESTION: Mr. Armstrong; Your post of November 16th where you state that the ECB is looking to freeze accounts in a banking crisis, does that mean they will [...]

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EU Preparing for the Banking Crisis

Subtly, the EU is looking to establish preparations for the coming banking crisis and how to protect the banks from massive withdrawals. The solution? The EU wants [...]

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European Banking Crisis

There is intense resistance building against the stricter new rules on bad loans among the European banks. This will hit Italy hard and may push off the edge more [...]

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Draghi Knew About Hiding Losses by Italian Banks

The Bank of Italy, when it was headed at the time by Mario Draghi, knew Banca Monte dei Paschi di Siena SpA hid the loss of almost half a billion dollars using [...]

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