☀️☕️ UBS axes its own CEO... and Swiss bankers get called "greedy"
🎓 Also: Variable Interest Entities: You DON'T own those Chinese Companies you think you own!
MoneyFitt Morning /
☀️☕️ Breaking up with Jack Ma (Alibaba)
📊 Also: Big companies break up all the time!; 🎓 Conglomerates (and why they can be a good thing)
MoneyFitt Morning /
☀️☕ CFTC sues Binance! Crackdowns continue
📊 Also: Sweet SVB Deal; Nervous banks may cool inflation 🎓️ The CFTC
MoneyFitt Morning /
☀️☕ Shock! Bank blows up after enriching executives! (SVB)
📊 Also: Market reaction to crisis: Ommmm... (What's Priced-In) 🎓️ The return on equity, or ROE
MoneyFitt Morning /
☀️☕️ Bitcoin for safety?!
📊 Also: Google's Bard: "I will not use my powers for evil”; Inflation's “tit-for-tat dynamic”; 🎓 Fractional Reserve Banking
MoneyFitt Morning /
☀️☕️ No Pause for Powell
📊 Also: No Blankets for Bankers; Man Utd top the table (for selling prices); 🎓 Junk Bonds
MoneyFitt Morning /
☀️☕️ CoCo Pops! Credit Suisse's vaporised AT1 bonds
📊 Also: First Republic, Second Bailout?; 🎓 The AT1 / CoCo bonds (wiped out at CS)
MoneyFitt Morning /
☀️☕️ UBS + CS = Union Credit Switzerland Bank Corp? (NOT a bailout!)
📊 Also: Stimulating China... Money printer go RRR!; Hedge Fund Short Squeezed!; 🎓 Reserve Ratios... Money printer go RRR!!
MoneyFitt Morning /
☀️☕️ Time Ticking for TikTok?
📊 Also: Money printer go Brrrr...; First Republic gets US$30 billion; 🎓 The US Discount Window
MoneyFitt Morning /
☀️☕️ Credit Squished!
📊 Also: Now nobody believes in "higher-for-longer"; 🎓 Short selling and short squeezes
MoneyFitt Morning /