HSBC’s Strategic Shift: Unveiling the Path to Asian Expansion
HSBC, a British bank, is considering withdrawing from approximately 20% of the countries it currently operates in as...
banking
banking
Allegations of Discrimination: JPMorgan Chase & Co. Under Scrutiny
One of the biggest banks in the US, JPMorgan Chase & Co. is under fire for allegedly engaging...
Deutsche Bank Settles Lawsuit Over Epstein Relationship
In a complaint filed by an unnamed lady who claimed that Deutsche Bank profited from human trafficking by...
Morgan Stanley Considers Job Cuts in Asia Amid Challenging Market Conditions
One of the top international investment banks, Morgan Stanley, is apparently thinking about making large employment layoffs in...
‘First Citizens BancShares’ Acquisition of Silicon Valley Bank Yields Impressive $9.8 Billion Gain
On Wednesday, First Citizen BancShares Inc shared news of an impressive financial gain of $9.82 billion in the...
Charles Schwab’s Market Value Plummets by $47 Billion: What Went Wrong?
Charles Schwab, a financial company based in Westlake, Texas, has experienced a disastrous month of March, with a...
First Citizens Acquires Silicon Valley Bank with Regulatory Backing
On Monday, U.S. regulators announced their support for First Citizens BancShares, a regional lender, to acquire Silicon Valley...
The US banking crisis is heading for a train wreck, says Bill Ackman
Bill Ackman, hedge fund manager, billionaire and CEO of Pershing Square Capital Management, thinks that the US banking...
The Hidden Risk in U.S. Banks’ Balance Sheets: $1.7 Trillion in Unrealized Losses
The recent failures of Silicon Valley Bank and Credit Suisse have raised concerns about the stability of the...
Saudi National Bank’s $1 Billion Loss Highlights Risks of Equity Investments
Saudi National Bank has disclosed that it has experienced a loss of nearly 80% on its investment in...