Tag: Banking Crisis

Are Predicted Bank Failures in Bidenomics?

Porticoes Capital analysis is saying almost 300 regional banks are to fail. Sizes of banks predicted to fail are between $5 billion to $75 billion in assets.
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Philadelphia-Based Republic First Bank Collapses in First Bank Failure of 2024

Philadelphia-based Republic First Bank was seized by federal regulators and taken over by Fulton Financial, in the first bank failure of 2024.

Federal Reserve, Other Central Banks Announce Joint Liquidity Measures

U.S. Fed Reserve collaborating with world’s largest central banks to enhance liquidity provision by strengthening U.S. dollar liquidity swap line arrangements.

Amid the Collapse of Three U.S. Banks, Is the U.S. Petrodollar Facing the Same Fate?

Does closer economic relations between Russia, China and India signal a trajectory in falling dominance for the U.S. dollar, profoundly impact U.S. energy markets?
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Swiss Government: UBS to Take Over Credit Suisse for More Than $3 Billion

Investment banking company UBS has agreed to purchase its rival Credit Suisse in a deal worth more than $3 billion after Swiss government mediated the merger.

Biden, Bonds, and Bank Failures

The present soaring inflation/interest rates plus a troubled growth trajectory produces untold pain throughout the economy, including new risks for the banking sector.
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Wells Fargo Confirms Its Shutting Down All Personal Lines of Credit

This doesn't affect bank-issued credit cards, bank suggests Wells Fargo said it will no longer be offering personal lines of credit and will...