Banking Crisis: Credit Suisse Shares Plunge to Record Low, Trading Halts
Shares in Swiss banking giant Credit Suisse have plunged to a record low amid fears the bank will be the next financial institution to collapse.
Shares in Swiss banking giant Credit Suisse have plunged to a record low amid fears the bank will be the next financial institution to collapse.
Twitter boss Elon Musk has issued a grim warning about the state of the economy.
President Joe Biden has said that investors in the collapsed Silicon Valley Bank will “lose their money” because “that’s how capitalism works.”
Recession fears are beginning to mount in the United States, despite most major American banks beating their earnings forecasts.
Over the past two years or so, the World Economic Forum’s (WEF) influence over governments and institutions of sovereign nations has become increasingly apparent.
Democrats are pressuring banks to take steps to “atone” for slavery and “redress past wrongs” by writing big checks.
A Canadian bank has launched a new credit card that tracks the “carbon footprint” of the account holder.
The Federal Reserve Bank of New York has just launched a “digital dollar” cryptocurrency initiative just days after the FTX crypto scam was exposed.
An influential UK government-linked organization is urging banks to start tracking the climate “behaviors” of customers and punishing those whose spending reveals poor “carbon feedback.”