THE FINANCE GHOST: The Lehman Bros of Silicon Valley

  • 📰 FinancialMail
  • ⏱ Reading Time:
  • 24 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 13%
  • Publisher: 63%

Singapore News News

Singapore Singapore Latest News,Singapore Singapore Headlines

The implosion of SVB is a cautionary tale to all other lenders on how not to manage interest rate risk, writes FinanceGhost.

The weekend’s news was dominated by reports of the second-largest banking failure in US history. Those are not the headlines that anyone in financial services wants to see, as there are inevitably jitters throughout the investor community whenever an event occurs that sucks liquidity out of the market.

The Federal Reserve has been acting as a sponge for months now, mopping up excess liquidity and moving profits from the hands of equity investors into those of debt investors. With the dollar as the world’s reserve currency, the interest rate cycle in the US drives rates across the world. South African investors certainly haven’t been immune to the impact of higher rates not just on valuations but also on net profits as floating-rate debt becomes more expensive...

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 20. in SG
 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

Singapore Singapore Latest News, Singapore Singapore Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

PHANTOM SHARES: The Finance Ghost: MultiChoice and Transaction Capital slam on the brakesHigher fuel prices and a higher cost of living prove to be a major roadblock for companies in at least two sectors.
Source: dailymaverick - 🏆 3. / 84 Read more »

THE FINANCE GHOST: The Lehman Bros of Silicon ValleyThe implosion of SVB is a cautionary tale to all other lenders on how not to manage interest rate risk
Source: FinancialMail - 🏆 20. / 63 Read more »

THE FINANCE GHOST: The Lehman Bros of Silicon ValleyThe implosion of SVB is a cautionary tale to all other lenders on how not to manage interest rate risk, writes FinanceGhost.
Source: FinancialMail - 🏆 20. / 63 Read more »

Qatar's ex-finance minister Al-Emadi to face trial - SABC NewsQatar's former finance minister, AliSherif al-Emadi will face a criminal trial, the state news agency said Sunday, following his 2021 arrest over embezzlement allegations. Meanwhile in SA, the guy would have been promoted...
Source: SABCNews - 🏆 37. / 51 Read more »

Africa must trade its way out of poverty: finance ministersAfrican leaders meeting in Addis Ababa believe intra-Africa trade is the answer to alleviating poverty. That Sounds like work! Very capitalistic of them and the EFF rejects it with the contempt it deserves There's no enough confidence in that statement, we could easily accomplish that but today's African leaders have a mind of their own and it's not to challenge neo/colonial narratives and order. What is the reason Africa is the most under developed continent in the world? Deal with the answer to that question and you might be able to trade out of poverty.
Source: eNCA - 🏆 49. / 51 Read more »