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

Majandusteadlased ootavad, et keskpank avaldab enne ülejäänud ajaks peatamist veel ühe 25 bps intressitõusu 2023

Pärast Föderaalreservi märtsi intressitõusu, majandusteadlased usuvad, et Saudi Araabia ja mitme Naftat Eksportivate Riikide Organisatsiooni liikme hiljutine samm (OPEC) naftatootmise vähendamine võib keskpanga missiooni keerulisemaks muuta. Lisaks,…

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

Celsiuse kliendid paluvad pankrotikohtus krüptosüsteemi vabastamist, Üks klient vajab toidu lauale panemiseks raha

After the crypto lender Celsius filed for bankruptcy protection on July 13, the company recently contacted customers and explained that an employee from one of the firms vendors accessed a list of Celsius client emails, and the email addresses weretransferred

Global Investment Bank Morgan Stanley Launches Dedicated Cryptocurrency Research Team

Global investment bank Morgan Stanley is establishing a new cryptocurrency research team. “The launch of dedicated crypto research is in recognition of the growing significance of cryptocurrencies and other digital assets in global markets,” the bank said. Morgan Stanley Sets Up