GUEST ESSAY: Global financial market convulsions, especially in banking – ‘The hurricane siren is blaring’

  • 📰 dailymaverick
  • ⏱ Reading Time:
  • 1 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 4%
  • Publisher: 84%

United Kingdom News News

United Kingdom United Kingdom Latest News,United Kingdom United Kingdom Headlines

As I write this, convulsions in world financial markets continue, particularly in the banking sector. Silicon Valley Bank, Silvergate, Signature, First Republic Bank of California and the once-staid 166-year-old Credit Suisse. All dead or dying or saved...

 

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

 /  🏆 3. in UK

United Kingdom United Kingdom Latest News, United Kingdom United Kingdom Headlines

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

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 »

Reserve Bank expected to hike rates again | BusinessCentral banks in Africa’s biggest economies are poised to raise interest rates this month to contain sticky inflation and deter a selloff in their assets exacerbated by the collapse of US lender Silicon Valley Bank and stress at Credit Suisse. Keeping up with the Feds RamaphosaMustGo CRmustGO nationalshutdown We need to strike against these ones, they think their job is to hike rates. This Kganyago is acting as the enemy of the people.
Source: News24 - 🏆 4. / 80 Read more »