Search Results for: major banks

Latam Insights: Bolivia Sells Gold for Dollars, Argentina Bans Fintech Crypto, Fitch Upgrades El Salvador’s Credit Rating

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Dobrodošli v Latam Insights, zbirko najpomembnejših novic o kripto in gospodarskem razvoju iz Latinske Amerike v zadnjem tednu. V tej številki, Bolivia passes a law to sell gold for dollars, the Central Bank of Argentina bans fintech…

Ameriška bančna industrija v nemiru: Celovit pogled na "veliko konsolidacijo" in največje bančne propade 2023

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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…

Pacwest Stock Plummets Over 35% Following Release of Q1 Earnings Report Amidst Turmoil in Banking Industry

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Following the acquisition of First Republic Bank by JPMorgan Chase, several regional banks such as Pacwest and Western Alliance experienced a significant drop in their stock prices. On Tuesday afternoon, all four major U.S. benchmark stock indexes are in decline as…

Commodity Strategist Warns US Economy Heading Toward ‘Severe Deflationary Recession’

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Bloomberg Intelligence’s senior commodity strategist, Mike McGlone, je opozoril, da so ZDA. economy is “heading towards a severe deflationary recession,” emphasizing that the Federal Reserve is still tightening. “Typically, when you have commodities collapsing at this velocity in the past, the…

US Presidential Candidate RFK Jr. Says Bitcoin Provides An ‘Escape Route’ From Financial Turmoil

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V ponedeljek, Robert F. Kennedy Jr. once again cautioned the public to be wary of central bank digital currencies (CBDC), and he insisted that the Biden administration has launched a “steady barrage of hostile broadsides against cryptocurrencies.” Kennedy, who recently filed…

Economists Expect the Fed to Reveal Another 25bps Rate Hike Before Pausing for the Rest of 2023

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After the March rate hike by the Federal Reserve, economists believe that the recent move by Saudi Arabia and several members of the Organization of the Petroleum Exporting Countries (OPEC) to cut oil production could complicate the central bank’s mission. Dodatno,…

US Bank Lending Drops by Record $105 Billion in Two Weeks, Trillions Moving to Money Market Accounts, Elon Musk Warns ‘Trend Will Accelerate’

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The banking industry in the United States is still struggling after the collapse of three major banks. Po statistiki, bank lending in the U.S. has dropped by close to $105 billion in the last two weeks of March, kateri je…

Tržni analitik napoveduje propad "vsega".,« Poziva k zavarovanju zlata in srebra pred tveganjem, preden ga ne ostane

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Egon von Greyerz, market analyst and founder of Matterhorn Asset Management, is predicting the collapse of the central bank system in the next few years due to an increasing issuance of currency and debt. Von Greyerz states that in the face…

Law Firm’s White Paper Claims US Bank Regulators Are Waging a ‘Clandestine Financial War’ Against Crypto Businesses

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According to a recent white paper published by four members of the law firm Cooper & Kirk, PLLC, ZDA. bank regulators are attempting to “drive crypto businesses out of the financial system.” The paper, titled “Operation Chokepoint 2.0,” claims that after…

Bitcoin Millionaire Tim Draper Advises Startups to Keep Bitcoin as a Hedge Against a ‘Domino’ Run on the Banks

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Tim Draper, a venture capitalist and bitcoin millionaire, has included bitcoin as part of a series of cash management recommendations offered to startup founders. Draper recommended having at least two payrolls worth of cash in bitcoin or other cryptocurrencies to avoid…