Banking system

Dollar to Play Lesser Role Due to Its Weaponization, Digitale Währungen, Economist Jeffrey Sachs Says

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Within the next decade, die USA. dollar will play a much less dominant role than it is today, according to Jeffrey Sachs. The renowned economist listed a few factors for the diminishing status of the greenback such as its use as…

Prüfbericht: Silicon Valley Bank Under FDIC Auction as Calls for Bailout Grow

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Die USA. Federal Deposit Insurance Corporation (FDIC) began an auction process for Silicon Valley Bank (SVB) late Saturday night, according to reports. Final bids are due by Sunday afternoon. Unnamed sources indicate that the FDIC is seeking to close the deal…

Silicon Valley Bank Faces Financial Woes as Stock Is Halted, Sells $21 Billion Bond Portfolio at a $1.8 Billion Loss

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Im März 10, 2023, market observers are discussing the troubles Silicon Valley Bank (SVB) faces, as the firm’s stock slid more than 60% im letzten 24 Std. SVB was forced to sell a $21 billion bond portfolio at a $1.8…