Two separate groups of academics released papers in the past week estimating that banks faced at least $US1.7 trillion in potential losses.
UBS is seeking $US6 billion costs to be covered by the Swiss government,if it buys rival Credit Suisse.
The US central bank has to balance inflation and a resilient labour market with concerns about the health of the financial system,which will determine the path forward for rates.
The sugar hit of pandemic spending is plainly over,and markets - from equities to crypto - are feeling the pain.
Russia’s invasion of Ukraine has spooked global markets and raised fears of a spike in the price of oil.
Better than expected revenue will aid the company’s ambitious plan to hire 5000 more staff in Australia.
Now is not the time for negative news - investors are taking no prisoners in the current market as the hammerings of Adairs and Netflix shows.