Mindblown: a blog about philosophy.
After the failure of Silicon Valley Bank, large banks see a surge in deposits.
In the aftermath of two high-profile bank collapses that have undermined confidence in the system, nervous bank clients have flocked to large banks. Those familiar with the situation told CNN that Bank of America (BAC), Wells Fargo (WFC), and Citigroup (C) have all reported a big boost in deposits since Silicon Valley Bank got into […]
Richard Branson’s rocket company Virgin Orbit suspends operations for a week and seeks additional cash.
As the rocket firm, established by British billionaire Richard Branson, attempts to acquire more money, nearly all of Virgin Orbit’s employees have been advised to suspend activities until at least the week after next. CNN was informed by a person with knowledge of the situation that employees were informed of the news during a meeting […]
Why financial concerns have again resurfaced
Credit Suisse, a 167-year-old, colossal European bank, was teetering on the edge of disaster on Wednesday, heightening concerns about the global financial system. (And, frankly, giving market reporters whiplash as sentiment swung from “holy-crap sell” on Monday to “everyone cool down” on Tuesday to “freakout mode” on Wednesday…) After the largest one-day selloff in the […]
Financial crisis: Answers to your five most urgent questions
The past week’s banks collapse has left us with more questions than answers. Wall Street was put on edge by the jarring failure of two American banks and the loss of investor trust in Credit Suisse, which caused dramatic market fluctuations and heightened volatility. During CNN’s primetime programme “Bank Bust: Inside the Collapse of SVB,” […]
Asian bank shares decline as Credit Suisse jitters markets.
Asia’s financial equities declined on Thursday, pushing down the broader markets, as Credit Suisse’s troubles raised fears of a global banking crisis. The severity of the losses has been mitigated by the news that the troubled megabank has accepted the Swiss central bank’s offer of financial support in order to remain solvent. The lender announced […]
Megan Schutt, following RCB’s fifth straight loss in the WPL in 2023: “It sucks, no lie.”
Monday’s loss to Delhi Capitals was Royal Challengers Bangalore’s fifth consecutive loss in the WPL 2023. Royal Challengers Bangalore has yet to record a victory this season and is winless; it lost its fifth consecutive loss to Delhi Capitals. Megan Schutt believes that RCB requires additional improvement. It has been a rough road for Royal […]
Ritesh Agarwal, creator of Oyo, writes an emotional statement after his father falls to his death from a high-rise in Gurugram.
Friday in Gurugram, Ramesh Agarwal, the father of Oyo Rooms founder Ritesh Agarwal, perished after falling from a high-rise building. Friday, Ramesh Agarwal, the father of Ritesh Agarwal, founder of Oyo Rooms, died after jumping from a high-rise building in Gurugram. Ramesh Agarwal reportedly fell from his 20th-floor apartment in an upscale community while his […]
With PSG’s elimination from the Champions League quarterfinals by Bayern Munich, will Lionel Messi and Kylian Mbappe depart the club?
Bayern Munich eliminated PSG in the pre-quarterfinals of the UEFA Champions League in 2022-23, marking a second consecutive early elimination for PSG. Meanwhile, rumours have begun to circulate that Lionel Messi and Kylian Mbappe may leave the club. Paris Saint-(PSG) Germain’s bid to win its first UEFA Champions League (UCL) remains on hold after it […]
Here is how Indian players and their partners celebrated Holi in 2023, from Kohli to Chahal
Holi was celebrated in India on Wednesday, 2023. From commoners to celebrities and athletes, everyone was involved. Similarly, we describe how the Indian players and their partners commemorated the event. The Indians were in a celebratory spirit on Wednesday as the nation celebrated Holi, also known as the festival of colours. Everyone from commoners to […]
“CR7 is the greatest for a reason”: Ronaldo followers mock Messi after Bayern Munich eliminated PSG from the Champions League.
Paris Saint-Germain (PSG) was eliminated from the Champions League 2022-23 after a 2-0 loss to Bayern Munich on Wednesday night. Following the loss, Cristiano Ronaldo supporters began trolling Lionel Messi on Twitter. Paris Saint-Germain (PSG) was eliminated from the Champions League after a 3-0 aggregate loss to Bayern Munich on Wednesday night. This result has […]
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