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Links;
https://www.politico.com/news/magazine/2024/03/01/big-bank-regulation-column-00144104
https://www.fnlondon.com/articles/ubs-plans-five-waves-of-layoffs-from-june-to-november-5e5da6be
https://twitter.com/unusual_whales/status/1782420846935417121
https://twitter.com/KobeissiLetter/status/1783526444682936404
UBS is just days away from collapse and everyone is rushing to the lifeboats to escape the sinking ship, because if one US mega bank fails, the US economy collapses with it.
Especially as inflation is rising and growth is slowing, rates will remain higher for longer and that also means banks will continue taking losses as rate cuts won't be seen until 2025.
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Ignore;
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Did you miss our previous article...
https://financialvideos.club/banking/banking-crisis-2024-no-cash-and-no-atms