Also, how would devaluing the U.S. dollar benefit our economy? What does that even mean?
Here’s the article:
Stepping out of the shadows again, Paul Volcker, the head of President Obama’s Economy Recovery Advisory Board, writes in Sunday’s New York Times that more needs to be done to improve the “safety net” which keeps commercial banks stable. [...]

Does Credit Suisse group bank (CS) hold one or more of the following: private equities, venture capital funds, or holding companies ?
If so, which, and how are they called?

New Resource Bank, Adam Capital Join Forces to Fill Critical Solar Funding Gap
New Resource Bank (OTCBB:NWBN) has approved a $3 million line of credit for Adam Capital Clean Energy Asset Finance LLC. The funding will allow the …
Read more on Finanzen.net

Cricket-mad Indian touted as next Deutsche Bank CEO
Anshu Jain, the 48-year-old Indian head of Deutsche Bank investment banking, is tipped to be named co-chief executive of the German bank, the Frankfurter Allgemeine Zeitung reported Monday.
Read more on AFP News via Yahoo! Philippines News

For Deutsche Bank, Talk of Sharing the Chief’s Position
The succession struggle has unsettled investors and scratched the institution’s image.
Read more on New York Times

Deutsche Bank Debuts Suite Of Currency Hedged Equity ETFs
Deutsche Bank rolled out the latest additions to an ETP lineup that is rapidly approaching 1,300 on Thursday, debuting five ETFs that offer exposure to international equity markets while stripping out the impact of fluctuations in value of the U.S. dollar and non-U.S. currencies.
Read more on Business [...]

Silicon Valley Bank Invests in Venture Capital and Private Equity Services Group; Adds Senior Bankers
SANTA CLARA, Calif., May 17, 2011 /PRNewswire/ — Silicon Valley Bank (SVB), financial partner to innovative technology and life science companies and the venture capital firms that support them, appointed technology and life science banker Mercy Forde and hired VC fund [...]

Mount Clemens bank in spotlight when CEO died last fall faces seizure
Michigan has recorded 11 bank failures since the start of the recession. Soon, it may be 12. Community Central Bank of Mount Clemens admits in an April 1 regulatory filing that it has lost millions of dollars since the disappearance and mysterious death of [...]

Bank of Ireland and merged AIB-EBS to form pillars of Irish banking sector
THE IRISH banking sector will be radically reshaped into just two banks, Bank of Ireland and a merged institution comprising AIB and the building society, EBS.
Read more on The Irish Times

Square 1 Bank names new CEO
Square 1 Bank has turned to a Bank of America veteran for its new president and CEO. The Durham-based financial institution, a nationwide bank that works with venture-capital-backed-companies, announced today that it has named Doug Bowers as its new chief executive.
Read more on The News & Observer

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