Tag Archives: banks

Jan201004

Idan Anteby

0

US bank regulations, what does it mean?

As reported yesterday by the AP, US Federal Reserve Chairman Ben Bernanke defended his plan for increased regulations on US banks. The US has the most progressive and capitalist banking system in the world. There are over 8,000 commercial banks in the United States but, the problem is not the amount of banks but, the lack of [...]

Dec200923

Idan Anteby

0

Russian billionaires pool money to buy banks

As reported by Reuters recently, news out of Russia emerged about Russia’s richest man, Mikhail Prokhorov looking to form a bank along with a few other Russian billionaires and pool their money in order to take advantage of (mostly) Russian banks and other large companies who are in desperate need of financing. I find this [...]