F(r)actions Of Gold
Submitted by Jeffrey Snider via Alhambra Investment Partners,
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Goldman Banker Who Set Up Slush Fund For Malaysian PM Takes "Personal Leave"
On Tuesday we learned that Malaysian PM Najib Razak won’t have too much explaining to do domestically when it comes to why Saudi Arabia decided in 2013 to make a $681 million “donation” to his personal bank account.
Here Is The Reason For January's Selloff: Chinese Capital Outflows Soar To Second Highest Ever
While China's currency devaluation has, alongside the price of commodities, become one of the two key drivers of market volatility and tubulence around the globe, when it comes to risk, one far more important Chinese metric is the actual amount of capital that leaves the nation.
BoJ Preview: "The Need For A Kuroda Bazooka Is Growing"
Deutsche Bank Eliminates Management Bonuses After "Horrible," "Grim" Results
“These are extremely poor results,” Citi’s Andrew Coombs wrote last week after Deutsche Bank CEO John Cryan announced a “sobering” set of numbers for 2015.
By “sobering,” Cryan meant a net loss of more than $7 billion. It was the first annual loss since the crisis and was capped off by a Q4 loss of €2.1 billion which included €1.2 billion in litigation fees.