Socio-Economics History Blog

Socio-Economics History Blog

Day: March 21, 2023

First Republic Bank Shares Crash To New Record Low, JPM’s Dimon Reportedly Leading Another Rescue Effort

by mosesman

First Republic Bank Shares Crash To New Record Low, JPM’s Dimon Reportedly Leading Another Rescue Effort by Tyler Durden, https://www.zerohedge.com/ Having dumped $30 billion of deposits into First Republic Bank last week, and the bank then being rumored to be pushing for a capital raise, The Wall Street Journal reports that JPMorgan CEO Jamie Dimon is leading …

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North Korea’s Army Practices Nuclear Attack Readiness as Kim Jong-Un Oversees ‘Warning Shots’

by mosesman

Kim Jong-un orders his troops to prepare for ‘IMMEDIATE and overwhelming nuclear counterattack’ against ‘enemies’ as he accuses US of holding ‘aggressive’ military drills with Seoul using nuclear assets by HARRIET ALEXANDER FOR DAILYMAIL.COM, https://www.dailymail.co.uk/home/index.html * Kim Jong-un has called for North Korea to be ready to conduct nuclear attacks at any time to deter …

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EU Contagion Risk Spreads As CDS Market Puts Focus On Deutsche Bank

by mosesman

EU Contagion Risk Spreads As CDS Market Puts Focus On Deutsche Bank by Simon White, Bloomberg macro strategist, https://www.zerohedge.com/ For once, the focus of a negative story on European banking hasn’t been Deutsche Bank. But the credit market isn’t letting DB off scot-free. The largest one-day move in 5-year credit-default swaps of European banks is Deutsche, …

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