Why the Banking Crises Persist: The Consequences of Gambling with Credit

The banking system in free fall Regulators and politicians around the world are trying to allay fears of a new banking crisis. But the bankruptcy of Silicon Valley Bank and the emergency merger of UBS and Credit Suisse were not the end. Even after the experiences of 2008, it was not possible to regulate the … Read more

What do the SVB and Credit Suisse crises have in common with Lehman Brothers’ collapse, and what makes the present danger more alarming?

Has it been the bankruptcy of the Sillicon Valley Bank he nuevo “Lehman Brothers”? Are we at the gates of a new financial crisis? What will happen to interest rates? Will we see drastic drops in the price of money again? There are many questions that arise after the financial earthquake that has shaken the … Read more

Giant Bank Credit Suisse will reportedly go bankrupt, will its fate be like that of Lehman Brothers?

JAKARTAKOMPAS.com – Global markets are highlighting the plight of investment banking giants, Swiss credit. The financial condition of the Swiss bank is considered to be in poor condition and some have even assessed that it is on the verge of bankruptcy. Market concern about the potential bankruptcy of Credit Suisse is reflected in the skyrocketing … Read more

The Chinese giant Evergrande is drowning in debt and is in danger of bankruptcy. The government is expected to intervene – ČT24 – Czech Television

“The situation is serious. China’s central bank has long warned that these large companies, including Evergrand, pose a systemic risk to the national financial system. The real estate market has been a major driver of the Chinese economy for the past decade, and the company’s debt is huge. It is over $ 306 billion, which … Read more

The most bizarre glitches in financial transactions

Düsseldorf Alleged “human error” costs the major US bank Citigroup almost half a billion dollars. In August 2020, the bank transferred a total of $ 893 million to several creditors as loan administrator for the cosmetics manufacturer Revlon, appearing to be repaying a loan that was actually not due until 2023. In fact, Citigroup said … Read more

The largest volume of cash in history flows through the Czech Republic

“The growing volume of currency in circulation reflects a change in the behavior of the public and other money circulation entities in connection with emergency government measures against the spread of COVID-19. In a crisis situation, the public and entrepreneurs have stocked up on cash, as is always the case, ”says CNB spokeswoman Petra Vodstrčilová. … Read more

Dax gains over two percent – Bayer and Lufthansa up

Frankfurt, Dusseldorf The leading German index continues to rise at the beginning of the week. It went into trading with a plus of 0.9 percent and then rose suddenly in the morning. In the early afternoon, it rose 2.1 percent to 11,309 points. The US stock exchanges were closed on Monday due to Memorial Day. … Read more

Dax rises a good six percent – investors are buying gold again

Investing in times of Corona: this is how investors should behave now — Dusseldorf Is the worst past the German stock market? The development on Friday could at least suggest that because the leading German index Dax noted at lunchtime 4.8 percent up at a As of 9019 points. In the meantime, the Frankfurt Stock … Read more

The panic came overnight TIME ONLINE

content Read on one page content page 1 –The panic came overnight Page 2 –A new credit crisis could be imminent The corona virus has long since reached the financial markets. Rarely has Wall Street started a week with so much uncertainty. Will the days come a recovery of the courses or will everything only … Read more