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Friday, 10 June 2016 16:29

European Banks Crash EXACTLY AS WE FORECAST Featured

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ZeroHedge regports:

From Deutsche Bank to Credit Suisse and from Barclays to

Banco Popolare, the European banking system is getting battered this week with today's plunge the biggest in 4 months...

This is the worst two week drop in European banks since April 2012...

As Deutsche falls back to record lows...

And it's not about top get any better as Europe's yield curve collapses...

All I can say is Veritaseum Blockchain-based Bank Research Hits Another Homerun - Banco Popular Shown to be Bear Stearns Redux! and the warning that I gave last year...

Let's take a look at what the Macrotechnology, fintech and blockchain research experts at Veritaseum had to say about Banco Popular. Keep in mind that although we are now a technology firm, we specialize in Fintech and Macrotech, hence keeping our finger on the pulse of the global banking system is paramount. We mush be aware of what it is that we are disintermediating! On that note, we will happily create a distributed blockchain solution using our realistic approach to isolate these risks in a zero trust confine, essentially bullet proofing parts of this bank or any other from catastrophic loss. Ping me for more.

Banco Popular Research teaser

Income from operations declined every year from 2011 due to lower interest margin and higher operating expense. The declining trend was stopped in 2015 as the bank recorded a rise of 13% in income from operations. The pop was due to sale of equity investments held in ICBPI (13.88%) and Arca SGR (19.9%) amounting to Euro172.6 and Euro68.7 million, respectively, and higher other operating income including fees and commission earned. However, the notable aspect is the core income from operations has been on constant decline (even in 2015) over the last few years

Banco Popular Research teaser1

And form late last year...

 

Read 2941 times Last modified on Wednesday, 03 August 2016 08:12

2 comments

  • Comment Link Joseph Sunday, 12 June 2016 11:48 posted by Joseph

    I actually prefer the youtube video's because they are more flexible, you can share them anywhere, whereas facebook videos are somewhat limited.

    Reggie what do you think about Google + Pages and their power compared to Facebook as social media.

    I've been inviting poeple to like my Google plus because I believe it's way more powerful, and has been for quite some time. It's so outside the box, imo, people just can't wrap their minds around it.

    What do you think?

    Great stuff Reggie, thanks, Joe

    Report
  • Comment Link Charell Friday, 10 June 2016 16:57 posted by Charell

    Reggie, I actually bought Veritas, and I sense the value and trust your intentions. With the Veritas I bought, how can I make them work for me?

    Report

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