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Big Banks, Big Troubles: HSBC, Deutsche, Societe, and Citi Lay Off Thousands Worldwide

Banking giants are in trouble and it’s starting to show. Key players in the industry have already announced massive job cuts and executives with hefty salaries have been dismissed. HSBC, the largest bank in Europe, has revealed it plans to lay off over 4,000 employees and Citigroup is preparing to s..

Bitcoin Searches Surpass Stocks as Economic Skies Darken

What people search for on the internet can often be a good indicator of potential investment trends. According to Google Trends, there are now more people interested in bitcoin than there are in stocks. Bitcoin Tops Stocks on Search For the first time since late 2017, bitcoin searches on Google hav..

Liquidity Difficulties in China: Second Bank Bail-Out Now Reality

Although it has its peculiarities, the Chinese banking sector now faces similar challenges to the west’s financial system. Dozens of small banks have been experiencing liquidity difficulties in the past few months. Observers believe the expanding problem has the potential to trigger a financial cris..

The Next Big Financial Meltdown Is Around the Corner, Many Voices Warn

“The economy is looking great,” how many times have they told you that? And why do you usually hear it when you are late on a mortgage payment or during a downsizing purge at your company? Relying on your senses is always a safer bet than trusting the wishful thinking of those who invested political..

7 Financial Crisis Triggers That Will Boost Bitcoin Adoption

Bitcoin is increasingly being viewed as a store of value, even US politicians are now accepting this notion as investors grow increasingly wary of fiat and its propensity for devaluation. One of the biggest fears is a repeat of the global financial crisis which wiped billions off stock markets and p..

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