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Mar 19, 20232 min read
Swiss Banking Shake-Up: Credit Suisse and UBS in Talks for Major Merger Amid Insolvency Fears
Swiss banking giant Credit Suisse is reportedly facing an impending crisis that could lead to insolvency if not dealt with promptly. In...
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Mar 19, 20232 min read
The iEarn Bot Cryptocurrency Scam: How Thousands of Investors Were Duped in a Massive Fraud Scheme
Cryptocurrency has revolutionized the world of investment, providing an alternative to traditional financial systems. However, with its...
176 views0 comments
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Mar 18, 20232 min read
HSBC under fire as SVB UK hands out £15m in bonuses after rescue deal
HSBC has come under fire after it was revealed that Silicon Valley Bank's UK arm, which was recently acquired by the bank, handed out...
1,273 views0 comments
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Mar 17, 20233 min read
Stocks Fall on Wall Street as Banking Industry Woes Worsen Amid Fear of Recession
The recent turmoil in the banking industry has sparked concerns about a potential recession and has led to a significant drop in the...
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Mar 17, 20232 min read
Can Diablo 4 Outsell Hogwarts Legacy to Become the Biggest Game of 2023?
As the highly anticipated beta launch of Diablo 4 approaches, many gamers are eagerly anticipating the first real glimpse into the game's...
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Mar 16, 20232 min read
UK Govt. Bans TikTok on Govt. phones Over Security Concerns, Joins List of Countries Taking Action
British minister Oliver Dowden said on Thursday the government would ban the use of TikTok on government devices, saying there was a risk...
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Mar 16, 20232 min read
Robert Kiyosaki predicts Credit Suisse as the next bank to collapse amid SVB and Signature Bank fail
Swiss investment bank Credit Suisse is under the spotlight as American entrepreneur and author Robert Kiyosaki predicts that it will be...
106 views0 comments
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Mar 15, 20232 min read
Reserve Bank of India Permits Banks from 18 Countries to Open Special Rupee Accounts for Settlements
The Reserve Bank of India (RBI) has granted permission to banks from 18 countries to open Special Vostro Rupee Accounts (SVRAs) for...
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Mar 15, 20232 min read
Credit Suisse's stock hits new all-time low for second day as SNB withdraws further help
Credit Suisse shares plunged to a fresh all-time low for the second consecutive day on Wednesday, as a top investor in the Swiss bank...
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Mar 15, 20232 min read
Meta Platforms Announces 10,000 Job Cuts and Restructuring Amid Economic Downturn
Facebook-parent Meta Platforms announced on Tuesday that it would be cutting 10,000 jobs as part of a wider restructuring plan. This...
325 views0 comments
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Mar 14, 20232 min read
Credit Suisse reports "material weaknesses" in internal controls over financial reporting and custom
Credit Suisse, one of Switzerland's largest banks, has identified "material weaknesses" in its internal controls over financial...
219 views0 comments
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Mar 14, 20232 min read
US Bank Customers Reassured After Authorities Step in to Protect Deposits Amidst Market Fears
Customers of the two US banks that were seized by regulators last week have been reassured that their deposits are protected, despite...
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Mar 13, 20231 min read
Cryptocurrencies Rally Despite Closure of Signature Bank, Last Major Crypto Bank in U.S
Cryptocurrencies experienced a surge in prices on Monday, despite the closure of Signature Bank, the last major crypto bank in the U.S....
153 views0 comments
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Mar 13, 20232 min read
Credit Suisse's default insurance cost surges to record high as SVB collapse raises contagion fears
The collapse of Silicon Valley Bank has sent shockwaves through the banking industry, with Credit Suisse Group AG among those affected....
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Mar 13, 20232 min read
HSBC UK Acquires Silicon Valley Bank UK for £1 in Strategic Move to save depositor’s money
HSBC Holdings Plc has announced that its UK ring-fenced subsidiary, HSBC UK Bank plc, is acquiring Silicon Valley Bank UK Limited (SVB...
454 views0 comments
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Mar 13, 20232 min read
Global Markets in Turmoil as Signature Bank Becomes Third-Largest Failure in U.S. Banking History
Two major U.S. banks, Signature Bank and Silicon Valley Bank, have collapsed within days of each other, causing widespread market...
533 views0 comments
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Mar 12, 20231 min read
Nazara Technologies reveals two subsidiaries hold $7.75 million in Silicon Valley Bank
Indian digital gaming and sports platform Nazara Technologies has disclosed that two of its step-down subsidiaries hold a cumulative cash...
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Mar 12, 20232 min read
Indian Start-ups Affected by Collapse of Silicon Valley Bank Seek Government Support
The collapse of Silicon Valley Bank (SVB) has sent shockwaves through the Indian start-up community, prompting Union Minister of State...
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Mar 12, 20233 min read
Silicon Valley Bank Collapse Sparks Debate on Crypto's Role in Decentralizing Finance System
The recent collapse of Silicon Valley Bank has sent shockwaves across the technology industry. Crypto executives and investors, who have...
388 views0 comments
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Mar 11, 20233 min read
Hedge Fund Manager Bill Ackman Sounds the Alarm on Potential Failure of Silicon Valley Bank
Bill Ackman, a well-known hedge fund manager, recently took to Twitter to express his concerns over the potential failure of Silicon...
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