The Silicon Valley Bank’s (SVB) bad management may have set off a nationwide financial crisis. The Biden administration has pledged to protect depositors’ money. But among SVB’s customers are firms affiliated with the Chinese Communist Party (CCP). So why are American taxpayers footing the bill to make Beijing whole? In the premiere of the new…
PREMIERING at 10AM ET: Troubled US Bank’s Ties to China Raise More Red Flags
PREMIERING NOW: Troubled US Bank’s Ties to China Raise More Red Flags
The Silicon Valley Bank’s (SVB) bad management may have set off a nationwide financial crisis. The Biden administration has pledged to protect depositors’ money. But among SVB’s customers are firms affiliated with the Chinese Communist Party (CCP). So why are American taxpayers footing the bill to make Beijing whole? In the premiere of the new…
Troubled US Bank’s Ties to China Raise More Red Flags
The Silicon Valley Bank’s (SVB) bad management may have set off a nationwide financial crisis. The Biden administration has pledged to protect depositors’ money. But among SVB’s customers are firms affiliated with the Chinese Communist Party (CCP). So why are American taxpayers footing the bill to make Beijing whole? In the premiere of the new…
PREMIERING at Mar. 22 10AM ET: Troubled US Bank’s Ties to China Raise More Red Flags
The Silicon Valley Bank’s (SVB) bad management may have set off a nationwide financial crisis. The Biden administration has pledged to protect depositors’ money. But among SVB’s customers are firms affiliated with the Chinese Communist Party (CCP). So why are American taxpayers footing the bill to make Beijing whole? In the premiere of the new…
The Collapse of SVB Portends Real Dangers
Commentary Thus far in this 3-year fiasco of mismanagement and corruption, we’ve avoided a financial crisis. That’s for specific reasons. We just had not traveled there in the trajectory of the inevitable. Are we there yet? Maybe. In any case, the speed of change is accelerating. All we await is to observe the extent of…
Seven Ways to Bank Smarter in the New Year
Every year people make new resolutions. Some want to lose weight, others have a specific goal they wish to attain. One goal that everyone should have in the new year is banking smarter. Smart banking can save you money. But what does that mean? Here are seven ways to bank smarter. Reevaluate Banking Services and…
More Than Two-Thirds of Chinese Bankers Are Not Optimistic About China’s Economy: Survey
A new survey shows more than two-thirds of Chinese bankers are not optimistic about China’s current macroeconomic climate. On June 29, the People’s Bank of China released its latest nationwide Banker Survey Report (pdf), showing various indices about the country’s macroeconomic climate, banking industry, loan demand, and monetary policy. The central bank report indicated that…
European Banks Increase in Value Expecting Fed Interest Rate Hikes
European bank stocks have been on an upward trend since the third week of December following the announcement by the Federal Reserve regarding interest rate hikes by early spring, indicating better business prospects for financial institutions with higher rates and greater margins. The Stoxx Europe 600 Banks Index has gone up 9.8 percent in one…
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