Contents Pages by Subject

Central Banks/Banking

Article Image News Link • Global by Tyler Durden

Just three days after China quietly cut rates by 20bps when it ordered banks to switch from the traditional Benchmark 1 year rate to the new Loan Prime Rate (aka China's LIBOR) as the reference rate for new short-term loans, effectively lowering the

Article Image News Link • Global, Tyler Durden

Last week we reported that something strange was going on at the same time that central banks are injecting $100 billion each month in electronic money to crush volatility and ramp markets: a similar amount in physical currency and precious metals wa

Article Image News Link • Global by Tyler Durden

Earlier this week, ECB vice president Luis De Guindos, speaking in an interview with El Mundo, offered a surprisingly candid take on how the ECB is distorting capital market, saying that while "we can still increase bond purchases or lower interest r

Article Image News Link • Global, by Tyler Durden

Three weeks ago we reported that China's Henan Yichuan Rural Commercial Bank, just outside the central Chinese city of Luoyang, was the latest small-to-medium Chinese bank to suffer a vicious bank run as long lines of depositors filled out its branch