Trump sues JPMorgan and CEO Dimon over alleged ‘debanking’
The $5bn lawsuit alleges JPMorgan abruptly closed multiple accounts in 2021 cutting off Trump & his firms from financing
- From: Fault Lines
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The dark world of illegal loan apps in India
Borrowers are harassed by reps of lending apps who abuse, threaten and blackmail them by accessing their contacts, pics.
Debt-ridden China developer Evergrande files for bankruptcy in US
Move will protect property giant’s assets in the United States as it attempts to restructure.
Vice Media to be acquired by Fortress-led lender group for $350m
Vice Media filed for bankruptcy protection last month in a move that capped years of financial difficulties.
UBS is wealth management behemoth after Credit Suisse takeover
As a result of biggest banking deal since 2008 crisis, UBS will oversee $5 trillion in assets, giving it lead position.
Despair in Ettadhamen: The harsh reality of Tunisia’s economy
‘This … system, goes back to the beys who needed to keep their courtiers happy to maintain their rule’, analyst says.
From: Counting the Cost
How did Greece go from bankruptcy to economic growth?
The economy is recovering after a decade-long debt crisis, but are Greeks feeling the benefits?
Published On 27 May 2023
US regional banks plunge as investors worry crisis not over
US officials are assessing the possibility of ‘market manipulation’ behind recent big moves in banking sector stocks.
India’s Go First airline files for bankruptcy
The airline blamed ‘faulty’ Pratt & Whitney engines which led to the grounding of half its fleet, hurting revenue.
EXPLAINER
US banking crisis: Is your money safe?
As another US bank collapses, here’s what you need to know about how to keep your money safe.
![Amid a banking crisis is my money safe? [File Photo of US bank notes]](/wp-content/uploads/2023/04/youtube.jpeg?resize=770%2C513&quality=80)
First Republic stock rout worsens after receivership report
If the San Francisco-based lender falls into receivership, it would be the third US bank to collapse since March.
