Banking and Finance MagazineWorld Bank & the never-ending sovereign defaultIFM CorrespondentAugust 11, 2023August 11, 2023 by IFM CorrespondentAugust 11, 2023August 11, 2023 World Bank Chief Economist Carmen Reinhart referred to the debt crises of the 1980s and 1990s and the lessons this challenging era can offer... Read more
Aviation FeaturedIF Insights: Virgin Orbit bankruptcy & the saga of Sir Richard Branson’s business failuresIFM CorrespondentApril 11, 2023 by IFM CorrespondentApril 11, 2023 Sir Richard Branson is an adventure freak, as he made several world record-breaking attempts... Read more
Banking FeaturedSilicon Valley Bank collapse: Ghost of 2008 crisis haunts US economy againIFM CorrespondentMarch 14, 2023October 10, 2023 by IFM CorrespondentMarch 14, 2023October 10, 2023 Silicon Valley Bank had assets valued at USD 212 billion and these were primarily lent to tech start-ups... Read more
Currency FeaturedSam Bankman-Fried says FTX US is solventWebAdminJanuary 23, 2023 by WebAdminJanuary 23, 2023 Since leaving his position as CEO in November, Sam Bankman-Fried has yet to have access to FTX documents... Read more
Currency FeaturedBlockFi bankruptcy impact: Focus now on pension funds’ crypto commitmentsWebAdminDecember 23, 2022December 23, 2022 by WebAdminDecember 23, 2022December 23, 2022 Cryptocurrency volatilities have mostly been in the negative zone, with Bitcoin alone losing 20% of its value in a single week... Read more
Currency FeaturedBitfront goes bankrupt: No end in sight for the harsh ‘crypto winter’?WebAdminDecember 2, 2022December 2, 2022 by WebAdminDecember 2, 2022December 2, 2022 LINE entered the crypto market in 2019 with Bitmax and launched Bitfront as a global exchange in 2020... Read more
Currency FeaturedAnother crypto bubble burst on the way?WebAdminNovember 28, 2022November 29, 2022 by WebAdminNovember 28, 2022November 29, 2022 As per Elliptic, a blockchain forensics firm, USD 477 million worth of crypto assets were taken away from the FTX exchange... Read more
Currency FeaturedHow does crypto exchange bankruptcy affect investors?WebAdminNovember 17, 2022 by WebAdminNovember 17, 2022 Investors in cryptocurrencies risk losing all of their money or bitcoin in the event of bankruptcy... Read more
EconomyUSA’s baby boomers are filing for bankruptcy, and the levels are alarmingInternational Finance DeskAugust 30, 2018 by International Finance DeskAugust 30, 2018 While it's common to hear of big companies folding, individual bankruptcies are more of a taboo. Why is USA faring badly on senior bankruptcies?... Read more
In the NewsSaudi Arabia’s bankruptcy law comes into effectInternational Finance DeskAugust 22, 2018 by International Finance DeskAugust 22, 2018 According to analysts, these regulations will draw further foreign investment to Riyadh and tackle insolvency cases... Read more