From Wall Street Journal - #ProjectScalpel: Behind #BigBanks Plan to Save $2 Billion http://ow.ly/wYAO30aig2n

When it comes to taking on the crooked Big Banks on Wall Street, who do YOU trust to fight them?
Someone who has taken their money (both in speaking fees and campaign donations) their entire career or the one who has been trying to fight their greed their entire career?  The choice is simple.

Hillary Clinton, Jeb Bush Still Favorites of Wall Street Banks
http://www.huffingtonpost.com/entry/clinton-bush-wall-street_562934f1e4b0aac0b8fc26e9
Hillary Says It’s OK That She Takes Wall Street Money Because of 9/11 http://www.slate.com/blogs/the_slatest/2015/11/14/hillary_clinton_cites_9_11_women_in_defending_wall_street_donations.html
Hillary was raking in Wall St. cash long before 9/11 -- Citigroup was her top source of money in 2000 http://www.washingtonexaminer.com/article/2576440/ #Hillary4WallStreet

"Congress doesn't regulate Wall Street, Wall Street regulates Congress." ~Bernie Sanders

Bernie’s Plan: Reinstate Glass-Steagall, Break up the Big Banks, Tax Wall Street Speculation. http://feelthebern.org/bernie-sanders-on-financial-regulation/
It is time to break up the largest financial institutions in the country. The 6 largest today hold assets equal to about 60% of the nation’s gross domestic product. These six banks issue more than two-thirds of all credit cards and over 35 percent of all mortgages. They control 95 percent of all derivatives and hold more than 40 percent of all bank deposits in the United States.  http://berniesanders.com/issues/reforming-wall-street/

Five Ways Sanders Could Democratize the Financial Sector That Clinton Won't Touch http://www.truth-out.org/opinion/item/33799-five-ways-sanders-could-democratize-the-financial-sector-that-clinton-won-t-touch

#CutItOut   #BigBanks   #WallStreet   #BernDownTheBanks  
#Progressives   #Democrat   #Politics   #FeelTheBern  

#OccupyWallStreet   #OccupyThePolls   #EconomicJustice   #BigBanks   #TrumpRussia   #AntiCorruption  #DemocracyNow

#DeutscheBank is still recovering after being hit with billions in fines back in 2015, according to its CEO John Cryan, after the bank posted another year of losses on Friday (Feb 2). The German lender reported a net loss of 2.2bn euros ($2.75bn) in Q4 of 2017. For the year, the German bank posted a 497m euro loss ($621m). This was the third consecutive annual loss for Deutsche Bank. The bank's results were impacted by a drop in investment banking as well as tax changes in the U.S.


#CorporateEarnings #ShareholderReturn #FinancialReporting #CorporateProfits #Profits #Earnings #EuropeanCompanies #Banking #BigBanks #BankingSector
Deutsche Bank is still recovering from 2015 fines, CEO says after it posts third consecutive annual loss
https://www.cnbc.com/2018/02/02/deutsche-bank-earnings-results-2-point-75-billion-loss-in-fourth-quarter.html

#Germany's biggest bank said Friday (Feb 2) that it had been pushed into the red for a third consecutive year by a €1.4bn ($1.8bn) hit from tax changes in the United States. It also reported falling revenues. Companies around the world have been bruised - in the short run - by the Trump administration's tax overhaul. But the pain is especially uncomfortable for #DeutscheBank, which has been dogged by years of legal battles, regulatory fines and questions over its financial health. The bank posted an annual loss for 2017 of €500m ($625m). The tax charge resulted in a loss of €2.2bn ($2.8bn) in Q4. Revenues fell 12% in 2017, a slide the bank attributed to the sale of some businesses and challenging market conditions.


#CorporateEarnings #ShareholderReturn #FinancialReporting #CorporateProfits #Profits #Earnings #EuropeanCompanies #Banking #BigBanks #BankingSector
Deutsche Bank hasn't made a profit in 3 years
http://money.cnn.com/2018/02/02/investing/deutsche-bank-loss-us-tax/index.html

The enthusiasm of #bigbanks is understandable. The regulatory pressure to record everything from stock trades to money transfer has caused compliance costs to escalate astronomically in recent years. From #BaselIII (509 pages including 78 calculus equations) to the #DoddFrank Act (2,300 pages), our centralized system reeks of Soviet-style command and control. Just by eliminating the manual processes around reconciliation with customers, trading partners, and securities exchanges, it has been estimated that #blockchain will deliver savings of nearly $20bn per year by 2022 - net profit straight to the bottom line.

This is why big #banks are scrambling to explore new applications, such as unforgeable records of identity, to achieve straight-through processing, with transactions automated completely with no human intervention. According to a Greenwich Associates survey, financial and technology markets will invest $1bn in blockchain this year.

#FinancialSector #BankingSector #DigitalStrategy #FutureTech #DisruptiveStrategy #DisruptiveInnovation #DigitalEconomy #Strategy #DigitalDisruption #FutureTechnology #BusinessStrategy
What #WallStreet’s Obsession With Blockchain Means for the #FutureofBanking
http://fortune.com/2016/07/10/wall-street-blockchain-technology-banking/

+Bernie Sanders terrifies #BigBanks: "I'll break U up in my 1st year in office!"

-> The only non-inbred citizen's candidate...

+Occupy Wall Street +Occupy Wall Street  +Occupy Wall Street +Ready for Bernie Sanders 2016  +Senator Bernie Sanders +Bernie 2016 

#BigBanks Face Scrutiny Over Pricing #GOLD #US JUSTICE DEPT investigates price setting process for #PreciousMetals http://www.wsj.com/articles/big-banks-face-scrutiny-over-pricing-of-metals-1424744801 …

#fail #Canada #bigbanks I normally don't have problems with Canada's big banks making money BUT I do have problem when they try to ripoff us like Canadians are financial idiots! Dear Big Banks, When your free money from Bank of Canada is 0.25% cheaper, pass that saving on to us buyers (mortgage borrowers, prime rate based borrowers)! Is competition the only thing that will force u give us good rates? http://business.financialpost.com/2015/01/23/as-canadas-big-banks-bide-their-time-brokers-analysts-see-record-low-mortgage-rates-coming/