More: Banking
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...
From unidimensional to 3D: the contours of the post-Bretton Woods world
The start of the year 2023 was marked by a series of statements coming from representatives of BRICS countries concerning plans to create new...
Explainer: Commission’s proposal to promote euro instant payments
What are instant payments and what are their benefits?
Instant payments are a relatively new type of credit transfer responding to the needs of an...
China’s economic slowdown and its implications for the rest of Asia
China’s economy has slowed down considerably since the past year. The key reasons for China’s slow growth are its stringent lockdowns, to achieve its...