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Mar 17, 2015

EU BANK RUN: Andorran and Spanish banks go bankrupt, GB banks to be fined by US

European banking collapse is going on. People are going mad getting their deposits frozen. "Cyprus" scheme is in progress again.

Banco de Madrid Files for Bankruptcy After Parent Accused of Money Laundering

Spanish Bank Seeks Creditor Protection After Withdrawals

By the way this shit is initiated and coordinated by The US with the help of FinCEN. They are able to arrest all assets on US intermediary accounts of "suspected" foreign banks and demand billions of fines. This is how US find a way to loot any foreign bank.

Here is original document from FinCEN regarding European bank PBA http://www.fincen.gov/news_room/nr/files/BPA_NOF.pdf

British banks are also affected
US seeking $1bn from RBS and Barclays

Quote
Royal Bank of Scotland and Barclays are facing penalties of about $1bn (£662m)
each from US authorities for their alleged role in the manipulation of currency markets.