US Banking Industry in Turmoil: A Comprehensive Look at the ‘Great Consolidation’ and Largest Bank Failures of 2023

2023 has been a rollercoaster ride for the U.S. banking industry. The collapse of three major banks has sent shockwaves through the financial world, with their combined assets surpassing the top 25 banks that crumbled in 2008. The following is a

Billionaire Bill Ackman on US Banking Crisis: ‘I Fear We Are Heading for a Train Wreck’

Billionaire Bill Ackman has warned that the U.S. majandus on “heading for a train wreckif the government allows the current banking crisis to continue. “Trust and confidence are earned over many years, but can be wiped out in a few

First Republic Bank’s Shares Downgraded to Junk Status by S&P Globaalne; Stock Slides More Than 25% Lower

After UBS acquired Credit Suisse and close to a dozen financial institutions injected $30 billion into First Republic Bank four days ago, S&P Global downgraded First Republic’s shares to junk status on Sunday. Investors are concerned that the cash infusion from

Aruanne näitab finantsprobleeme, mis Bankman-Friedi Alameda uuringut vaevasid nii varakult kui 2018

Enne FTX kokkuvarisemist eeldati, et Alameda Research oli üks parimaid kvantitatiivseid kauplemisettevõtteid ja turutegijaid selles valdkonnas.. Kuid, suur osa sellest arusaamast võis olla fassaad, kuna hiljutises aruandes kirjeldatakse Alameda kannatamist…

E-commerce Giant Ebay Files Trademark Applications Covering Wide Range of Metaverse, NFT Services

E-commerce giant Ebay has filed two trademark applications covering a wide range of products and services relating to the metaverse and non-fungible tokens (NFT-d). Ebay’s NFT, Metaverse Trademark Applications Ebay Inc. (Nasdaq: EBAY) filed two trademark applications with the United States

Deutsche Bank ootab varem, Tõsisem USA majanduslangus, kuna Fed valib „agressiivse matkatee”

Deutsche Bank has updated its recession forecast. The banks 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

McKinsey: The Metaverse Could Generate $5 Trillion by 2030 — ‘Simply Too Big to Be Ignored’

Global consulting firm McKinsey & Company has forecasted that the metaverse may generate up to $5 trillion by 2030. Lisaks, rohkem kui 80% of commerce could be impacted by activities in the metaverse. Metaverse Could Generate $5 Trillion by 2030

SEC, Osariigi reguleerivad asutused uurivad krüptolenantide kontode külmutamist

USA. Väärtpaberi- ja börsikomisjon (SEC) ja väidetavalt uurivad mitmed osariigi reguleerivad asutused krüptolaenuandja Celsius Network otsust raha väljavõtmised külmutada. USA. Securities Regulators Investigate CelsiusWithdrawal Freeze The U.S. SEC ja väärtpaberiregulaatorid Alabamas, Kentucky, Uus…

Aruanne: Fed’s Secret Repo Loans to Megabanks in 2020 Eclipsed 2008 Päästmised, Data Dump Shows $48 Trillion in Stealth Funding

Following the controversial bank bailouts and Troubled Asset Relief Program (TARP) sisse 2008, reports show in late 2019 ja 2020, USA. Federal Reserve participated in providing trillions of dollars in secret repo loans to megabanks. At the end of March,…

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

Germanys Deutsche Bank has become the latest financial services giant to confirm its leaving Russia over Moscows military assault on Ukraine. The bank has been reducing its Russian exposure since 2014 when Russia annexed Crimea and the conflict in Eastern Ukraine