crisis

The Swiss bank that moved to take over Credit Suisse bank.. The emerging banking crisis

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UBS, one of the world’s leading financial institutions, has announced that it is buying Switzerland’s troubled bank Credit Index for about $3.25 billion. After this, Credit Suisse shares fell 63 percent and UBS shares fell 14 percent. First Published Mar 20, 2023, 5:10 PM IST A new crisis has emerged in the global banking sector …

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Closing Bell: The global banking crisis is gripping the markets, Sensex has lost 360 points.

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Although the domestic stock market indices recovered somewhat from heavy intraday losses, they ended in losses by the end of the market. The Nifty index fell 111.65 points to end at 16,988.40, while the BSE Sensex lost 360.95 points to end at 57,628.95. Bank Nifty lost 236.15 points to close at 39,361 points. Hindustan Unilever …

Closing Bell: The global banking crisis is gripping the markets, Sensex has lost 360 points. Read More »

Bankruptcy of 3 banks in a single week, what are the reasons for America’s banking crisis, is the superpower shaking..?

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Even before the financial crisis of 2008, the collapse of the Lehman Brothers bank sent shockwaves through the entire global economy. Exactly 15 years later, similar incidents are repeating themselves in America. First Silicon Valley Bank went bankrupt, then Signature Bank went bankrupt. Two days later the Silvergate Bank also went bankrupt. But economists warn …

Bankruptcy of 3 banks in a single week, what are the reasons for America’s banking crisis, is the superpower shaking..? Read More »