The Future of Technology and the Role of Risk Managers: A Narrative of Silicon Valley Bank

The Future of Technology and the Role of Risk Managers: A Narrative of Silicon Valley Bank

Six Bayes Business School (formerly Cass) finance scholars discuss the collapse of the Silicon Valley Bank (SVB) and subsequent action by HSBC to save its UK branch. pexels-karolina-grabowska-4386346Photo: Karolina Grabowski on Pexels What happened? On Friday, March 10, Silicon Valley Bank – one of the largest banks in the US and specializing in lending to … Read more

United States: Joe Biden unveils a budget that looks like a campaign program

United States: Joe Biden unveils a budget that looks like a campaign program

The president will unfold his plan in Philadelphia. Some measures have very little chance of being adopted since the Democrats no longer have a majority in Congress. By Le Figaro with AFP Posted on 03/09/2023 at 6:50 p.m.update on 03/09/2023 at 7:46 p.m. This content is not accessible. Joe Biden has already distilled some budget … Read more

Fed rates could go higher than expected, warns Jerome Powell

Fed rates could go higher than expected, warns Jerome Powell

The Fed’s main key rate could continue to rise above 5.1%. By Le Figaro with AFP Published on 03/07/2023 at 4:44 p.m. This content is not accessible. Jerome Powell, Fed Chairman. ELIZABETH FRANTZ / REUTERS The Fed’s main key rate, which has been climbing for a year to curb inflation, could continue to climb beyond … Read more

Joe Biden wants to cancel the debt of millions of students

Joe Biden wants to cancel the debt of millions of students

The United States Supreme Court, which is reviewing this landmark measure by the president, could oppose it. By Armelle Bohineust Published on 02/28/2023 at 6:48 p.m.update on 02/28/2023 at 6:54 p.m. The amounts are staggering. Nearly 43 million Americans today must repay federal loans taken out when they were students. On average, they each owe … Read more

the United States risks default as early as July, warns a service of the American Congress

the United States risks default as early as July, warns a service of the American Congress

The level of arrears reached by the country prevents it from borrowing and leads it to take emergency measures to honor its financial commitments. By Le Figaro with AFP Posted on 02/15/2023 at 20:15 This content is not accessible. The Congressional Budget Service has sounded the alarm. Andrea Izzotti / stock.adobe.com The United States could … Read more

In India, one of Russia’s richest MPs has been found dead. A friend of his died two days earlier.

In India, one of Russia’s richest MPs has been found dead.  A friend of his died two days earlier.

Police said the deputy died after falling from the third floor of the Odisha Hotel in Rayagada district. According to a senior police officer, Antov “was depressed because of the death of a friend”, who died in the same hotel on Thursday 22 December. It was reported that Antov’s fellow traveler was found unconscious in … Read more

John Carmack leaves Meta – hasn’t had a chance to decide

John Carmack leaves Meta – hasn’t had a chance to decide

John Carmack chooses to leave his role as consulting technical director for Facebook’s parent company, Meta Platforms, he writes The limit. Carmack has previously worked on the classic games Doom and Quake. He initially joined as CTO of Oculus in 2013, a company that was acquired by Meta the following year. Most recently, he held … Read more