Where have all the sacked tech workers gone? – The Economist
To understand the shift in tone that has taken place in Silicon Valley in recent months, look no further than Mark Zuckerberg’s declaration in February...
Author : Nelli Avetisyan
Bank of England calls for tougher pension scheme rules after crisis – The Guardian
The Bank of England has called for tougher rules governing pension schemes and major lenders outside the banking mainstream as it seeks to restore confidence...
European Shares Trim Monthly Loss as Investors Flock to Tech – Bloomberg
European equities advanced, trimming monthly declines, as investors continued rotating into technology and defensive shares while banking fears subsided. The Stoxx 600 Banks Index was...
How Pandemic Accelerated Digital Transformation in Advanced Economies
As the world does its best to move on from the pandemic, one of the lasting legacies for many advanced economies has been greater adoption...
Will the recent banking chaos lead to an economic crash? – The Economist
How quickly things change. A few weeks ago analysts were convinced the global economy was powering ahead. Now they worry about a deep recession caused...
Banks face a tough choice over crypto – The Financial Times
When First Citizens Bank agreed over the weekend to buy most of what is left of Silicon Valley Bank, there was one thing it absolutely...
Do Instagram and TikTok mean banks are less safe? – BBC News
In the original Mary Poppins film, the nine year old Michael Banks accidentally starts a bank run by demanding back his tuppence coin. The dynamics...
Eurozone Banks Cut Lending Even Before Latest Financial Turmoil – WSJ
European banks cut lending to businesses last month even before the demise of Silicon Valley Bank and Credit Suisse shook global financial markets. Fears about...
Disney Eliminates Its Metaverse Division as Part of Company’s Layoffs Plan – WSJ
Mickey Mouse has left the metaverse. Walt Disney Co. DIS -0.84%decrease; red down pointing triangle has eliminated its next-generation storytelling and consumer-experiences unit, the small...
Could office blocks be the next big casualty of the banking crisis?
The new central London headquarters of the property company CBRE could easily be mistaken for a hotel, given its open lounges with comfy seating, potted...