US bank failures in 2026, 6 now. California seizes Nano Banc.
This reads as a governance and supervision story more than a systemic one: DFPI’s own account points to years of board turmoil, executive self-dealing and repeated non-compliance with enforcement orders,…
Read More »Market Update – October 26
Stocks and bonds were routed midweek. Tech shares were slammed after poor earnings news from Alphabet knocked its shares down nearly -10%, spreading gloom across the sector. A surge in…
Read More »There are some serious rumours doing the rounds about a major bank failure
<p>ABC Australia is reporting that a major investment bank is on the brink, citing 'a credible source'.</p><p>Most are pointing towards Credit Suisse. It was caught out in the Archegos disaster…
Read More »