More: Banking
The entire US financial system is under threat due to the First Republic Bank fall
JPMorgan Chase & Co. and PNC Financial Services Group are bidding to by First Republic Bank after it's expected to be taken over by...
Thomas L. Hogan: “The Fed is bankrupt – and I don’t just mean intellectually”
“The Fed is bankrupt — and I don’t just mean intellectually”, Thomas L. Hogan, Ph.D. writes, a senior research faculty at American Institute for Economic...
Paradoxes of U.S. Financial System Resilience
The March collapse of three major U.S. banks—Signature Bank, Silicon Valley Bank (SVB) and Silvergate Capital—coupled with a sharp decline in the market value...
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...