Global debt near record highs as the new monetary era triggers ‘crisis of adaptation’
HIROSHIMA, JAPAN – MAY 17: People walk beneath a banner promoting the Group of 7 (G7) summit at a shopping street on May 17, 2023...
Short sellers made $7 billion in profit from banking turmoil: Ortex
NEW YORK, NEW YORK – MARCH 15: Traders work on the floor of the New York Stock Exchange during morning trading on March 15, 2023...
Shareholders demand answers over UBS rescue deal
ZURICH, Switzerland – April 4, 2023: Credit Suisse chairman Axel Lehmann opens the annual general meeting of Credit Suisse, after the Swiss government arranged its...
This is not another banking crisis, analysts say — it’s ‘sentiment contagion’ instead
A slogan is written on the sidewalk in front of the global headquarters of Swiss bank Credit Suisse the day after its shares dropped approximately...
Fed rate hike decision March 2023:
WASHINGTON — The Federal Reserve on Wednesday enacted a quarter percentage point interest rate increase, expressing caution about the recent banking crisis and indicating that...
Gold price could hit high amid SVB, Credit Suisse, bank problems
Investors have been flocking to gold and Treasurys as bank stocks have been whacked by the shuttering of Silicon Valley Bank and Credit Suisse’s implosion....
Gold trades near 8-month high and analysts expect its rise to continue
Gold bars are displayed at a bullion merchant’s, Baird & Co., in London, U.K., on Friday, March 14, 2008. Graham Barclay | Bloomberg | Getty...
Credit Suisse sells most of its securitized products business to Apollo as it speeds up restructure
Credit Suisse on Tuesday announced that it would accelerate the restructure of its investment bank by selling a significant portion of its securitized products group...
Dashed hopes for a Fed pivot are morphing into a sense of dread in financial markets
Optimism that the Federal Reserve might back off of its aggressive interest-rate hikes is giving way to something else within financial markets: a feeling that...