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

En marzo 10, 2023, market observers are discussing the troubles Silicon Valley Bank (SVB) faces, as the firm’s stock slid more than 60% in the last 24 horas. SVB was forced to sell a $21 billion bond portfolio at a $1.8

Deutsche Bank Expects Sooner, More Severe US Recession as the Fed Takes ‘Aggressive Hiking Path’

Deutsche Bank has updated its recession forecast. El Banco’s economists now seean earlier and somewhat more severe recessionthan previously predicted. “The Fed has undertaken a more aggressive hiking path, financial conditions have tightened sharply and economic data are beginning

Deutsche Bank to Exit Russia, Says There Will Be No New Business There

Alemania’s Deutsche Bank has become the latest financial services giant to confirm its leaving Russia over Moscow’asalto militar a Ucrania. The bank has been reducing its Russian exposure since 2014 when Russia annexed Crimea and the conflict in Eastern Ukraine

Data Shows Global Financial Conditions Tightest in 2 Años, Shaky Bond Markets Point to Long-Run Inflation

At the end of the trading day on Monday, Wall Street was roiled once again as major stocks plunged during the days trading sessions. Most news outlets indicate the Russia-Ukraine war is causing the bleak outlook and reports show strained financial