"BANK RESIGNATIONS FAR GREATER THAN WE KNEW"

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Reader: "BANK RESIGNATIONS FAR GREATER THAN WE KNEW"

Posted By: hobie [Send E-Mail]
Date: Monday, 20-Feb-2012 19:34:16

(Thanks, W. :) Reader W. researches and writes: *************************************************************************** I saw the list of bank resignations and wondered if there might be quite a few more than was listed given the reporting of Fulford and what Poof has been hinting at. I was amazed at what I found when I searched Google for "BANK RESIGNS" "BANK QUITS" and "BANK STEPS DOWN". These seem to be the three headlines that are used and if you search for only one you only get 1/3 the total number. GOVERNMENT RESIGNATIONS 2/6/12 Romanian prime minister and cabinet resign en masse http://www.guardian.co.uk/world/2012/feb/06/romania-pm-cabinet-resign 2/20/12 (GERMANY) GERMAN PRESIDENT Christian Ruff resigns (financial corruption charges) http://www.dailymail.co.uk/news/article-2102524/German-President-Christian-Wulff-forced-resign.html RESIGNATIONS FROM WORLD BANKS: (1) 9/25/11 (SWITZERLAND) Bank chief resigns over £1.5bn rogue trader crisis http://www.dailymail.co.uk/news/article-2041385/Oswald-Gruebel-resigns-UBS-boss-steps-Kweku-Adoboli-trading-scandal.html (2) 10/29/11 (CHINA) Resignations Suggest Shift for China's Banks http://online.wsj.com/article/SB10001424052970203687504577003734190522426.html (3) 11/01/12 (INDIA) More directors of the Beed district bank resign http://www.thenews.coop/article/more-directors-beed-district-bank-resign (4) 11/21/11 (JAPAN) UBS’s Japan Investment Banking Chairman Matsui to Resign http://www.bloomberg.com/news/2011-11-22/ubs-s-japan-investment-banking-chairman-yasuki-matsui-to-resign.html (5) 11/29/11 (Iran) Iran's Bank Melli CEO Resigns Over Loan Scam http://www.dailymotion.com/video/xlcznz_iran-s-bank-melli-ceo-resigns-over-loan-scam_news (6) 12/15/11 (UNITED KINGDOM) Senior private banker resigns from Coutts [a very exclusive private bank] http://www.reuters.com/article/2011/12/15/coutts-fleming-idUSL6E7NF23S20111215 (7) 12/22/11 (FRANCE) Societe Generale’s Investment Banking Chief Steps Down http://dealbook.nytimes.com/2011/12/22/socgens-investment-banking-chief-steps-down/ (8) 1/05/12 (UNITED KINGDOM) Chief executive of Saunderson House [Private Bank] steps down http://www.ftadviser.com/2012/01/05/ifa-industry/people/saunderson-house-chief-executive-steps-down-M0vEWlpbSqKA3OCLZDCcGM/article.html (9)1/09/12 (SWITZERLAND) Switzerland's central bank chief resigns http://www.aljazeera.com/news/europe/2012/01/201219145612935171.html (10) 1/12/12 (United Kingdom) Lloyds’ head of wholesale quits http://www.bankingtimes.co.uk/2012/02/01/lloyds-head-of-wholesale-quits/ (11) 1/19/12 (SPAIN) Spanish bank Santander's Americas chief quits http://www.expatica.com/es/news/spanish-news/spanish-bank-santander-s-americas-chief-quits_202395.html (12) 1/20/12 (JAPAN) Normura's head of wholesale banking quits http://www.euromoney.com/Article/2959021/Nomuras-head-of-wholesale-banking-quits.html (13) 1/29/12 (NEW ZEALAND) New Zealand Reserve Bank Governor Alan Bollard to Step Down in September http://www.bloomberg.com/news/2012-01-29/new-zealand-reserve-bank-governor-alan-bollard-to-step-down-in-september.html (14) 1/21/12 (Greece) Banks' top negotiator quits Greece, but talks go on http://www.france24.com/en/20120121-banks-top-negotiator-quits-greece-but-talks-go (15) 2/06/12 (INDIA) Dhanlaxmi Bank CEO Amitabh Chaturvedi quits:http://www.livemint.com/2012/02/06160111/Dhanlaxmi-Bank-CEO-Amitabh-Cha.html (16) 2/07/12 (INDIA) Falguni Nayar quits Kotak Mahindra Bank http://articles.economictimes.indiatimes.com/2012-02-07/news/31031134_1_kotak-mahindra-bank-falguni-nayar-shanti-ekambaram (17) 2/07/12 (IRAN) Iran denies central bank resignation rumor (don't believe until its denied?) http://finance.yahoo.com/news/iran-denies-central-bank-resignation-164154294.html (18) 2/09/12 (VATICAN) Four Priests Charged In Vatican Banking Scandal http://articles.businessinsider.com/2012-02-09/europe/31040509_1_anti-money-laundering-law-vatican-finances-italian-tv (19) 2/10/12 (INDIA) Tamilnad Mercantile Bank CEO resigns http://www.business-standard.com/india/news/tamilnad-mercantile-bank-md-resigns/464259/ (20) 2/13/12 (KUWAIT) Kuwait Central Bank CEO resigns http://www.washingtonpost.com/business/industries/kuwait-central-bank-chief-resigns-amid-political-tensions/2012/02/13/gIQAcxrOAR_story.html (21) 2/14/12 (NICARAQUA) Nicaraqua Central Bank Pres Rosales resigns http://www.bloomberg.com/news/2012-02-14/nicaragua-central-bank-head-quits-amid-row.html (22) 2/14/12 (UNITED KINGDOM) Social finance pioneer Hayday steps down from Charity Bank http://www.socialenterpriselive.com/section/news/people/20120214/social-finance-pioneer-hayday-steps-down-charity-bank (23) 2/15/12 World Bank CEO Zoellick resigns http://business.time.com/2012/02/15/world-bank-president-zoellick-resigns/ Did the White House tell the World Bank president that he's out? http://bosco.foreignpolicy.com/posts/2012/02/15/did_the_white_house_tell_the_world_bank_president_that_hes_out (24) 2/15/12 (SLOVENIA) Slovenia TWO largest Banks CEO's (2) resign http://www.bloomberg.com/news/2012-02-15/slovenia-s-nova-kreditna-banka-maribor-ceo-plos-resigns.html (25) 2/15/12 (KENYA) Governor of Kenyan Central Bank to Resign http://www.centralbanking.com/central-banking/news/2152753/parliamentary-committee-calls-kenyan-governor-resign (26) 2/16/12 (GHANA) Ken Ofori-Atta steps down as Executive Chair of Databank Group http://business.thinkghana.com/pages/finance/201202/57429.php (27) 2/16/12 (SAUDI ARABIA) Saudi Hollandi Banks Managing Director Quits http://webcache.googleusercontent.com/search?q=cache:ZVfFZypqVIcJ:www.a1saudiarabia.com/4489-saudi-hollandi-banks-md-quits/+&cd=4&hl=en&ct=clnk&gl=us (28) 2/16/12 (AUSTRALIA) Anz Bank CFO Australia resigns http://www.proformative.com/news/1470243/cfo-anz-bank-resigns-amid-turmoill (29) 2/16/12 (AUSTRALIA) Royal Bank of Scotland Austrailan CEO Stephen Williams resigns http://www.theaustralian.com.au/business/wall-street-journal/andrew-chick-to-lead-royal-bank-of-scotlands-australian-arm/story-fnay3vxj-1226272513981 (30) 2/17/12 (USA) Blankfein out as Goldman Sachs CEO by summer http://finance.fortune.cnn.com/2012/02/17/gary-cohn-goldman-sachs/ (31) 2/18/12 (PAKISTAN) AJK Bank’s executive steps down http://www.nation.com.pk/pakistan-news-newspaper-daily-english-online/national/18-Feb-2012/ajk-bank-s-executive-steps-down?utm_source=feedburner&utm_medium=feed&utm_campaign=Feed%3A+pakistan-news-newspaper-daily-english-online%2F24hours-news+%28The+Nation+%3A+Latest+News%29 (32) 2/20/12 (RUSSIA) Head of Russian Bank Regulator Steps Down http://newsley.com/articles/head-of-russian-bank-regulator-steps-down/206711 (33) 2/20/12 (SWITZERLAND) Credit Suisse Chief Joseph Tan resigns http://www.businessweek.com/news/2012-02-20/credit-suisse-s-private-bank-chief-asian-economist-tan-resigns.html (34) 2/10/12 (KOREA) Korea Exchange Bank chief steps down http://english.yonhapnews.co.kr/business/2012/02/10/0503000000AEN20120210005100320.HTML