More: Banking
NFT: From a speculative asset to a practical tool
Remember NFT - the mesmerising acronym that became a major talking point the day it was born?
The $40 billion evergreen market, multi-million dollar lots,...
Global Banking Meltdown: Did Bangladesh receive the Aladdin’s Lamp?
During times of economic downturn, it's not uncommon for banks to face financial difficulties and even collapse. But, when US Banks collapse, the whole...
Mortgage Woes Have Presented The UK As An Unexpected European Leader
The housing market has had a difficult time stabilising since 2020, and has wrought havoc on several European markets. As highlighted by The Guardian,...
U.S. bank trouble heralds The End of dollar Reserve system
The US banking system is broken, stresses ‘The Asia Times’. That doesn’t portend more high-profile failures like Credit Suisse. The central banks will keep...
FORBES: Where is the Russian banking crisis?
“Sanctions were supposed to kill the Russian financial sector. It did, and it didn’t. Where is the Russian banking crisis?” – FORBES is perplexed.
Yes,...
Credit Suisse Collapse – this is a robbery of Arab investors
Riding an oil-price boom last year, Saudi Crown Prince Mohammed bin Salman directed government-backed Saudi National Bank to make a $1.5 billion investment in...
SVB fall: This is the financial catastrophe, but it’s just getting started
SVB passed its stress tests with flying colors. It also passed its FDIC examinations, its financial audits, and its state regulatory audits. SVB published...
Silicon Valley Bank crisis and the impact on China’s banking sector
The crisis of the collapse of the “US Silicon Valley Bank” began after the US authorities announced on Friday, March 10, 2023, the closure...
The Collapse of SVB: A Contagion Risk for the Next Financial Crisis?
The Great Recession seems like an eternity in the past. As an economic scholar, I didn’t even witness the financial meltdown up close but...
Rich Chinese clients worry about their money in Swiss banks
Swiss banks lose the image of reliable financial institutions. Executives at Switzerland’s biggest banks say rich Chinese clients have become much more worried about...