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Financial Stock

How Did 150-Year-Old Deutsche Bank Screw-Up So Badly It Cuts 18,000 Jobs And Quit Stock Trading Business?

On Sunday (July 7) in Europe, 150-year-old German bank – Deutsche Bank – officially launched its restructuring plan to cut a mind-blowing 18,000 jobs by 2022. By Monday morning (July 8), the entire teams in Deutsche Bank’s Asian operations were told to pack and clear their desks, before their security passes are deactivated as their […]

... written on Jul 08 2019

Get Ready!! – Investors Can Expect Weak Earnings Growth Across All Major Markets In 2019

Four out of six largest American banks have released their first-quarter financial results over the past week. And their results aren’t convincing.  J.P. MOrgan and Wells Fargo reported quarterly profit and revenue that exceeded analysts’ expectations. However, Goldman Sachs and Citigroup missed analyst estimations. All eyes are now on Morgan Stanley and Bank of America. […]

... written on Apr 16 2019

JPMorgan Chase ATMs Go Cardless – Plastic Card No Longer Needed To Get Cash

Everyone should have experienced at least once where we need to withdraw cash but have forgotten the plastic card – ATM card. Get real, despite the so-called cashless society and internet banking, the cash is here to stay. JPMorgan Chase has become the latest bank to embrace a cardless society – you don’t need your […]

... written on Aug 03 2018

Here’s What Trump’s Successful Tax Reform Means To You And Stock Market

Donald Trump is indeed a very happy man. Not even the decision by Michael Flynn, a former national security adviser to the U.S. president, pleading guilty to lying to the FBI could make Trump lose his sleep. An early and vocal Trump supporter, Flynn has apparently made a U-turn and agreed to co-operate with special counsel […]

... written on Dec 04 2017

White House’s Interference – China’s Acquisition Of Chicago Stock Exchange Frozen

Cash-rich China has been on a shopping spree snapping American assets. They had taken over at least 10 American iconic brands including Motorola, Waldorf Astoria, GE Appliances, Smithfield Foods and AMC Theatres. And they were about to add a 135-year-old Chicago Stock Exchange to their shopping cart – until they’re being stopped now.   The […]

... written on Sep 29 2017

Invasion Of China Empire – They’re Now Targeting European, Especially Financial Powerhouse

Over the centuries, the Empire of China has risen only to be invaded, humiliated, disintegrated and demolished, before rising again. And like many past – and ancient – dynasties and kingdoms, China today is experiencing the same cycle all over again – the rise after the humiliating fall of its dominance in the world economy. […]

... written on Sep 12 2017

This EU Country Is So Screwed Up That 85,000 People Applied For 30 Jobs

Planning for a holiday in Italy for the first time? Then you should be aware that city such as Rome is one of European top cities where you are most likely to be pick-pocketed. That would be the first advice your tour guide tells you. Believe it or not, thieves in Italy have more rights […]

... written on Jul 04 2017

The First Loss Of 1% In 110 Trading Days – Here’s Why Trump Rally Ends

At a time when 33% Americans say they would have trouble coming up with an emergency US$2,000, any sign of economy trouble is devastating. For the first time since the U.S. 2016 Presidential Election, markets have slammed the brake for an emergency stop when the Dow Jones dropped 237.85 points, or 1.14%, drop.   The […]

... written on Mar 22 2017

After Misconducts On US Subprime & 1MDB Scandal, RBS Reports New Loss Of £469 Million

What does politicians and bankers have in common? They are liars and crooks, or at least behave like crooks. But they don’t really care as long as there is money to be made. Royal Bank of Scotland, which is supposed to be one of the prestigious banks in the United Kingdom, was involved in Malaysia’s […]

... written on Oct 28 2016

Here’s Everything About Deutsche Bank Crisis – And Why Merkel Would “Quietly Bailout” Her Bank

Deutsche Bank, a 146-year-old bank employing more than 100,000 employees is like JPMorgan Chase to the U.S. and Maybank to Malaysia. As Germany’s biggest lender, the “German Bank”, as Deutsche Bank literally means, is perceived to be too big to fail. But that was exactly what financial experts told everyone including their hamsters about Lehman […]

... written on Sep 30 2016









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