Tag: Financial crisis
Cabinet formation in Argentina: Milei nominates “Messi of Finance” as minister
Cabinet formation in Argentina Milei nominates “Messi of Finance” as minister November 29, 2023, 5:41 p.m His expertise earns him comparisons with soccer superstar Messi. As a former finance minister…
The stock exchange day: German import prices with the strongest slump since the financial crisis
The stock market day German import prices with the strongest slump since the financial crisis 7/31/2023 8:42 am In June, the prices for German imports fell more sharply than they…
Takeover completed: Credit Suisse is history – its billion-dollar risks remain
takeover completed Credit Suisse is history – its billion-dollar risks remain By Max Borowski 6/12/2023, 4:42 p.m Almost three months after the announcement of the hectic decision to take over…
Wall Street bonuses collapse: $177,000 performance bonus – despite the banking crisis
2022 was one of the worst years in the US financial industry in a long time, with bonuses collapsing the most since 2008. Nevertheless, there is no need to worry…
German banking market stable: Bafin bank supervisor: Systemic crisis is not in sight
German banking market stable Bafin bank supervisor: Systemic crisis is not in sight 03/28/2023 at 6:23 p.m The collapse of the Silicon Valley Bank sent shockwaves through financial markets and…
Financial expert on the banking crisis: “How much more crisis is needed?”
Financial expert on the banking crisis “How much more crisis is needed?” 03/21/2023, 4:21 p.m After the great financial crisis in 2007 and 2008, everything was supposed to be different…
First bets on interest rate pause: Wall Street pushes contagion concerns aside
First interest rate break bets Wall Street brushes contagion concerns aside 03/20/2023 9:53 p.m The emergency takeover of the major Swiss bank Credit Suisse by its competitor UBS has brought…
Mammoth merger in Switzerland: Credit Suisse emergency rescue to calm stock markets
Mammoth fusion in Switzerland Credit Suisse emergency rescue to calm stock markets 03/19/2023, 8:42 p.m It is a massive earthquake in the European banking scene. The takeover of the struggling…
Concerns about stock market tremors: Fed and ECB satisfied with Credit Suisse merger
Worry about stock market tremors Fed and ECB happy with Credit Suisse merger 03/19/2023, 10:13 p.m The hastily completed takeover of the major Swiss bank Credit Suisse is intended to…
Deutsche Bank also interested?: Supervisors are pushing UBS to merge with Credit Suisse
Also interested in Deutsche Bank? Regulators urge UBS to merge with Credit Suisse 03/18/2023 8:52 p.m Actually, the major Swiss bank UBS and its troubled rival Credit Suisse do not…
Implications unclear: Bank turmoil weighs on Wall Street
Effects unclear Banking turmoil hits Wall Street 03/17/2023, 9:45 p.m The recovery was short. Disagreement over the consequences of the banking turmoil has buyers on the US stock exchanges stepping…
After bankruptcy and turbulence: is it now a bank run?
After bankruptcy and turbulence Is there a bank run now? 03/17/2023, 11:30 am The news about the bankruptcy of the Silicon Valley Bank and the turbulence at the major Swiss…