Intrepid Private Capital Group Financial News Blog

Intrepid Private Capital Group

bank of greece

Greece Facing Default: What’s Next?

If you keep up with news, you are probably well aware of the financial turmoil that’s currently being felt in Greece. The island nation is just hours away from defaulting on a loan issues by the International Monetary Fund (IMF). In response, tens of thousands of worried residents scrambled to the banks in an attempt…

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UK May Leave The European Union

There’s new speculation that global banks may choose to leave London if UK residents vote to leave the European Union. The financial ratings firm Standard & Poor (S&P) has warned that such an exit could weaken the UK economy. If global banks pack up and leave, London � which is largely viewed as an economic…

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Small Business Loan vs Angel Investor

Small Business Loan vs Angel Investor

One of the biggest challenges faced by small business owners is trying to acquire private�capital to fund their venture. Regardless of the industry/niche, all small businesses need money to operate, it’s just that simple. While you can always take the traditional route by applying for a loan from your local bank, another option is to…

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Economists Warn of Federal Reserve Interest Hike

A U.S. interest rate hike may come sooner rather than later, according to the some of the nation’s top economists. This had prompted many investors to approach stock trades with caution, fearing news of higher interest rates could send the market plummeting. On a positive note, the U.S. job market is stronger than ever, with…

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Bank of England Holds Record-Low Interest Rates

Good news for consumers and investors on the other side of the pond: Bank of England has confirmed that it will hold its record-low 0.5% interest rates. The Bank of England’s Monetary Policy Committee (MPC) is responsible for adjusting interest rates, which they say was not necessary this time around. Just six years ago, the…

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Banks Fined $5.7B For Manipulating Global Currencies

Four global banks have been ordered to pay $5.7 billion for allegedly manipulating the world’s economic currency market. JPMorgan Chase, Citigroup, Barclays and The Royal Bank of Scotland admitted to manipulating the global currency market by conspiring amongst themselves to adjust rates on the U.S. dollar and Euro when traded for other currencies on the…

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