HSBC’s Strategic Shift: Unveiling the Path to Asian Expansion Indrajeet Giram·May 25, 2023HSBC, a British bank, is considering withdrawing from approximately 20% of the countries it currently operates in as...BusinessMarkets·0 Comments·0
Allegations of Discrimination: JPMorgan Chase & Co. Under Scrutiny Ishaan Negi·May 21, 2023One of the biggest banks in the US, JPMorgan Chase & Co. is under fire for allegedly engaging...BusinessMarketsNewsWorld·0 Comments·0
Deutsche Bank Settles Lawsuit Over Epstein Relationship Ishaan Negi·May 18, 2023In a complaint filed by an unnamed lady who claimed that Deutsche Bank profited from human trafficking by...BusinessMarketsNewsWorld·0 Comments·0
Morgan Stanley Considers Job Cuts in Asia Amid Challenging Market Conditions Ishaan Negi·May 16, 2023One of the top international investment banks, Morgan Stanley, is apparently thinking about making large employment layoffs in...BusinessMarketsNewsTech·0 Comments·0
‘First Citizens BancShares’ Acquisition of Silicon Valley Bank Yields Impressive $9.8 Billion Gain Sneha Singh·May 11, 2023On Wednesday, First Citizen BancShares Inc shared news of an impressive financial gain of $9.82 billion in the...Tech·0 Comments·0
Charles Schwab’s Market Value Plummets by $47 Billion: What Went Wrong? Indrajeet Giram·April 2, 2023Charles Schwab, a financial company based in Westlake, Texas, has experienced a disastrous month of March, with a...Markets·0 Comments·0
First Citizens Acquires Silicon Valley Bank with Regulatory Backing Indrajeet Giram·March 27, 2023On Monday, U.S. regulators announced their support for First Citizens BancShares, a regional lender, to acquire Silicon Valley...Markets·0 Comments·0
The US banking crisis is heading for a train wreck, says Bill Ackman Reshab Agarwal·March 26, 2023Bill Ackman, hedge fund manager, billionaire and CEO of Pershing Square Capital Management, thinks that the US banking...NewsTrending·0 Comments·0
The Hidden Risk in U.S. Banks’ Balance Sheets: $1.7 Trillion in Unrealized Losses Indrajeet Giram·March 24, 2023The recent failures of Silicon Valley Bank and Credit Suisse have raised concerns about the stability of the...Markets·0 Comments·0
Saudi National Bank’s $1 Billion Loss Highlights Risks of Equity Investments Indrajeet Giram·March 21, 2023Saudi National Bank has disclosed that it has experienced a loss of nearly 80% on its investment in...Markets·0 Comments·0