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Higher interest rates have created 63 'problem banks' and $517 billion in unrealized losses, FDIC...
Business Insider via Yahoo Finance· 1 day agoMore than a year after the downfall of Silicon Valley Bank, higher interest rates are still putting...
Big banks accused of short-changing savers on almost all accounts
The Telegraph via Yahoo Finance· 3 hours ago“One of the problems is that the banks don’t need to offer better rates in order to attract cash,”...
63 US banks on the brink of insolvency: Why Bitcoin’s next target is $100K
The Cointelegraph· 21 hours agoAt least 63 U.S. banks were on the brink of insolvency in the first quarter of 2024, up from 52 banks on the “Problem Bank List” during the third quarter ...
Vast Bank announces $53 million investment from entrepreneur
Tulsa World· 20 hours ago“As a by-product of Greg Kidd’s investment, the capital and liquidity positions of Vast Bank are...
Start Betting Against Tech Stocks and Betting on a Recovery in Regional Bank Stocks
InvestorPlace· 17 hours agoThis extreme dynamic will eventually correct, and regional bank stocks will return to their...
Office Building Losses Start to Pile Up, and More Pain Is Expected
New York Times· 2 hours agoThe distress in commercial real estate is growing as some office buildings sell for much lower...
Putin’s Existential Problem: Not Enough Russians
The Wall Street Journal· 7 hours agoVladimir Putin has portrayed himself as a defender of global stability, leading a powerful nation that offers a robust economic, military and cultural...
‘Everything Is Not Going to Be OK’ in Private Equity, Apollo’s Co-President Says
Bloomberg via Yahoo Finance· 49 minutes ago(Bloomberg) -- The private equity industry must face up to the reality of lower valuations,...
India wants to be the next China. Half of its population holds the key
CNN Business via Yahoo Finance· 8 hours agoOver 40% of India’s female factory employees work in the southern state, said Vishnu Venugopalan,...
Central banks are destroying our economies
The Forex Market· 5 hours agoCentral banks’ monetary policies are the most perverse government intervention. Monetary policy (monetary expansion and artificially low interest rates)...