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Tag: credit default

Bank Stocks Sell-off

Deutsche Bank has crashed 15% after a spike in credit default swaps with other European banks, including Commerzbank and Barclays, falling by about 8%....

More Bank Trouble? Credit Suisse Plummets 30% as Largest Shareholder Withdraws Support

Credit Suisse shares plummeted to another all-time low of just 1.65 CHF ($1.79) on Wednesday after its largest shareholder – Saudi National Bank...

Automated execution transforming Asian bond markets

Buy-side fixed income and currency desks in Asia Pacific are fast catching up with other regions and other asset classes in their use of...

‘Big Short’ Investor Michael Burry Says Binance Crypto Exchange Audit Is Meaningless – Here’s Why

Hedge fund manager Michael Burry, who is known for being one of the first investors to foresee and profit from the collapse of the...

Investor Michael Burry Calls Proof-of-Reserves Audit Meaningless

57 seconds ago | 2 mins read Exchange News Burry is regarded as the...

“Audit Is Meaningless”- Michael Burry On Binance And FTX

On Friday, December 16, auditing firm Mazars Group – which submitted the Proof-of-Reserves report for Binance – suspended all ties with crypto firms....

Big Short Investor Michael Burry Says Audits of Crypto Exchanges Like Binance and FTX Are ‘Meaningless’

Hedge fund manager Michael Burry, famed for forecasting the 2008 financial crisis, says the problem with auditing cryptocurrency exchanges, like Binance and FTX,...

Too Big to Fail?

Several weeks ago we covered Credit Suisse in some of our articles about risk management and regulations. This week they’ve been in the news...

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