Posts Tagged ‘depositors’

Breitbart Business Digest: Silicon Valley Bank’s supersized depositors got bailed out

(Natural News) Silicon Valley Bet It Could Avoid the Costs of Managing Banking Risk. It Won That Bet. (Article by John Carney republished from Breitbart.com) Silicon Valley essentially put the cost of ordinary corporate treasury prudence onto the banking system and got rewarded for it when the government broke its own rules and agreed to back even […]

Lebanon banks close branches for 3 days after depositors’ incidents

The Association of Banks in Lebanon, on Friday, announced the closure of all banks’ branches across Lebanon for three days after a series of depositors’ hold-ups demanding withdrawal of their savings, Anadolu News Agency reports. The Association said the closure comes to protest the incidents by the depositors and the attacks that happened against the […]

Lebanon banks close branches for 3 days after depositors’ incidents

The Association of Banks in Lebanon, on Friday, announced the closure of all banks’ branches across Lebanon for three days after a series of depositors’ hold-ups demanding withdrawal of their savings, Anadolu News Agency reports. The Association said the closure comes to protest the incidents by the depositors and the attacks that happened against the […]

Beijing deploys TANKS to quell angry depositors wanting to withdraw their savings

(NaturalNews) (Natural News) The Chinese government has deployed tanks on the streets to quell angry citizens wanting to withdraw their savings. In a scene resembling the infamous Tiananmen Square protests and subsequent massacre in 1989, Beijing sent tanks from the Chinese People’s Liberation Army (PLA) to patrol the streets of Henan province as … [Read More…] […]

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