Cetoex News – In an attempt to combat inflation, the Argentina Central Bank has raised interest rates to…
Tag: bank collapses
First Republic Bank Shares Fall Another 37% Amidst Potential Government Rescue Deal
Cetoex News – First Republic Bank has continued its downward spiral, as shares have fallen another 37%…
Banking Crisis Is “Not Over Yet” – President Joe Biden Says
Cetoex News – The American economy had a fairly erratic month in March 2023. The failure…
Ripple CTO Drops His Two Cents on Silicon Valley Bank’s Collapse
Cetoex News – Ripple’s Chief Technology Officer, David Schwartz, has recently dropped his two cents on…
European Parliament Member Calls for Ban on Crypto Amidst Banking Crisis
Cetoex News – Former Belgian Finance Minister and European Parliament member, Johan Van Overtveldt, has called for…
UBS Willing to Acquire Credit Suisse for up to $1 Billion
Cetoex News – Banks went through their fair share of crises in 2023 following the cryptocurrency…
Switzerland Considers Nationalizing Credit Suisse
Cetoex News – Leading American financial institutions’ demise has broad global repercussions. The failure of the…
186 Banks Found to Have Similar Risks as Silicon Valley Bank
Cetoex News – A recent study by economists identified 186 banks at risk. These banks face issues…
First Republic Stock Crashes to All-Time Low Amidst Banking Crisis
Cetoex News – Following the closure of Silicon Valley Bank last week, First Republic has seen its stock crash to…
Signature Bank: FDIC Reportedly Raises Demand for Buyers to Quit Crypto Business
Cetoex News – Signature Bank was the third victim of the back-to-back bank collapses recently. The…