Why First Republic Bank Was Seized and Sold to JPMorgan?
Send us a textThe FDIC took possession of First Republic Bank on Monday, resulting in the third failure of an American bank since March.JPMorgan Chase, already the largest U.S. bank by several measure...
6 Maj 202314min
Would a BRICS Common Currency Work?
Send us a textThe BRICS nations have been discussing the idea of creating a new currency to facilitate overseas trade. The idea was put forth by Russia as it faces economic sanctions from the West ove...
28 Apr 202322min
Is Apple A Threat to Banks?
Send us a textApple recently announced its latest financial product in partnership with Goldman Sachs — a savings account designed for Apple Card users. The high-yield savings account comes with a 4.1...
26 Apr 202314min
How Good is Popular Personal Financial Advice?
Send us a textThe term “Finfluencer” refers to a person who by virtue of their popular or cultural status has an outsize impact on investor decisions through social media influence. According to Sue G...
22 Apr 202335min
Forbes Has a Fraud Problem!
Send us a textDisgraced Frank founder Charlie Javice has joined the likes of Elizabeth Holmes and Sam Bankman-Fried on a growing list of founders to be lavished with honors by the financial news outle...
15 Apr 202318min
Jamie Dimon Warns Banking Crisis 'Is Not Yet Over!'
Send us a textJamie Dimon, the chief executive of JPMorgan Chase, warned that the banking crisis 'not yet over' in an annual letter to shareholders just weeks after the collapse of three US banks.He s...
8 Apr 202317min
China's Overseas Bailouts!
Send us a textChina has significantly expanded its bailout lending as its Belt and Road Initiative blows up following a series of debt write-offs, scandal-ridden projects and allegations of corruption...
30 Mars 202317min
The End of Credit Suisse!
Send us a textAfter a weekend of intense negotiations, Swiss authorities brokered an emergency deal to sell Credit Suisse the troubled 167-year-old investment bank to its Swiss rival, UBS. A $54bil li...
22 Mars 202323min
