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27.07.2014
Bank of Ireland is set to become the first domestic financial institution to charge customers for placing their money on deposit with the bank. This unprecedented move comes months after the European Central Bank began charging financial institutions for depositing money with it by charging them 0.4 per cent to hold their cash overnight. The Irish Times has learned that Bank of Ireland, which is 14 per cent owned by the State, has informed its large corporate and institutional customers that it plans to charge them for deposits of €10 million or more from October. It is understood that a negative interest rate of 0.1 per cent will be applied to such deposits by Ireland’s biggest bank. There’s one big factor that continues to be ignored by investors when looking at silver prices: many technology products need silver.
This may sound like a bold statement, but the technology sector could take silver prices to $50.00 an ounce.
Soros also famously “broke the Bank of England.” In 1992, he made a giant bet that the pound sterling, Britain’s currency, would crash.


Royal Bank of Scotland will impose negative interest rates on some of its biggest customers from Monday, as central banks’ sub-zero policies start to bite.
The 70 largest companies which are heavily involved in financial trading, including other banks and pension funds, will face the charge when trading options and futures.
Traders have to post collateral with clearing houses – funds which cover the cost of transactions if the trader is unable to pay the bills.
If the institutions put cash on deposit as collateral, they will now face a negative charge.
Today, Reuters follows up on this disturbing issue, and reveals that the Army’s finances are so jumbled it had to make trillions of dollars of improper accounting adjustments to create an illusion that its books are balanced.
Many a-list celebs have tones of fame but their fortunes are small potatoes compared to these folks, the billionaires. The story of millionaire Simon Cowell, who dropped out of school at 15, worked for Sony BMG and EMI Music.


Our roundtable guests talk about their roles as agents and being acknowledged by their clients. The world knows Valeria Lukyanova as the girl who turned herself into a real-life Barbie doll.
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