Nouriel Roubini, the high-profile economist and chief economist of Roubini Macro Associated, said on Wednesday that a Credit Suisse failure would be like a “Lehman Brothers moment.” Roubini in an inte...
Tag: Lehman
Silicon Valley Bank Collapse Is Flashback of Lehman Brothers?
2 hours ago | 2 mins read Bitcoin News Silicon Valley recalls the Lehman Brothers failure. USD Coin price stabilized at a $0.9997 peg. Silicon Valley Bank (SVB), which had connections to big-shot inte...
Investor who called Lehman collapse predicts the next big US bank failure
The Wall Street analyst and investor who called the 2008 Lehman Brothers’ collapse has revealed what bank he thinks will hit insolvency next amid Silicon Valley Bank (SVB) closure shockwaves. “T...
Silicon Valley Bank exec was Lehman Brothers CFO prior to 2008 collapse
Silicon Valley Bank (SVB) executive, Jospeph Gentile, was a former executive of the Lehman Brothers’ Global Investment Bank prior to the bank’s public collapse in 2008. Prior to joining SV...
Was the fall of FTX really crypto’s ‘Lehman moment?’
The FTX collapse was bad, but how bad? Almost from the moment that the Bahamas-based exchange suspended cryptocurrency withdrawals in early November — and three days before it filed for bankruptcy — t...
US Treasury Secretary Yellen refers to FTX failure to “Lehman moment” for crypto
Ms. Yellen, in her remarks at the New York Times DealBook summit, referred to cryptocurrencies as “hazardous assets” and expressed gratitude that the recent volatility in the cryptocurrency market had...
US Treasury’s Yellen Says Crypto Doesn’t Have Adequate Regulation — Calls FTX Collapse ‘a Lehman Moment’ – Regulation Bitcoin News
U.S. Treasury Secretary Janet Yellen says that the collapse of crypto exchange FTX shows that the crypto industry “really needs to have adequate regulation.” She added: “It’s a Lehman moment within cr...
FTX’s collapse is ‘a Lehman moment’ for crypto: Yellen
Treasury Secretary Janet Yellen called FTX’s collapse “a Lehman moment” for the digital asset industry. “It’s a Lehman moment within crypto, and crypto is big enough that you’ve had substantial ...
FTX Collapse Similar to Enron Than Lehman Brother- Lawrence Summers
Lehman Brothers was an American financial firm whose bankruptcy led to recession. Enron’s collapse is also in the category of one of the biggest collapses in the market. Lawrence Summers is a well-k...
Bitcoin price may still drop 40% after FTX ‘Lehman moment’ — Analysis
Bitcoin (BTC) saw a fresh rejection at $17,000 on Nov. 18 as nervous markets weathered more FTX fallout. BTC/USD 1-hour candle chart (Bitstamp). Source: TradingView BTC gets a $12,000 price target Dat...
The Collapse of Crypto Exchange FTX More Like Enron Than Lehman
Bernstein says there needs to be a distinction made between the centralized custodial players in crypto, namely the exchanges, custodians, and crypto banks, as this is where regulation is coming. This...
The crypto industry’s Lehman Brothers moment
The world’s third-largest cryptocurrency exchange, FTX, started the year with a $400 million Series C funding round, taking its valuation to over $32 billion. Ten months later, the crypto exchange is ...
CZ Likens FTX To Lehman Brothers; Crypto Crash To Worsen
FTX crypto crash to worsen?: Binance CEO Changpeng Zhao ‘CZ’ said the crypto market is yet to see its worst phase after the FTX collapse. Comparing the current crypto crash to the 2008 global financia...
Circle CEO Calls FTX Collapse Crypto’s Lehman Brothers Moment
Co-founder and CEO of Circle, Jeremy Allaire, stressed that a lot in the crypto industry needs to change, given the recent developments surrounding the FTX exchange. Altaire called the recent crisis ...
Circle CEO Allaire calls FTX crisis crypto’s ‘Lehman Brothers’ moment
Jeremy Allaire, co-founder and CEO of Circle, said the FTX insolvency crisis, which has thrown the crypto market into turmoil, is the “Lehman Brothers” moment for crypto. “Fina...
Why FTX is Not Lehman Brothers – Trustnodes
Famous last words, some might say, but cryptos have gone through enough experiences to establish to some level of a reasonable degree that Lehman style contagion can’t quite happen in crypto. Lehman B...
Bitcoin ‘6–8 weeks’ from breakout as Hang Seng echoes Lehman Brothers dip
Bitcoin (BTC) waited for cues at the Oct. 24 Wall Street open as expectations of a breakout ran high. BTC/USD 1-hour candle chart (Bitstamp). Source: TradingView Hang Seng drops most since 2008 Data f...
2008 ‘Lehman Moment About to Hit’ — Major Banks Suffer; How to Access Your ETHW, ‘No Digital Dollar Act,’ Sega Blockchain Game — Bitcoin.com News Week in Review – The Weekly Bitcoin News
In this week’s edition of the Bitcoin.com News Week in Review, two of the world’s largest banks — Credit Suisse and Deutsche Bank — are suffering from distressed valuations, with credit default insura...
Is Credit Suisse the Lehman Brothers of 2022?
Credit Suisse is back in the headlines. And once again it’s for all the wrong reasons. On Monday, the stock plunged to a record low of 3.52 Swiss francs on the back of a sharp spike in the cost of ins...
Credit Suisse to remain ‘under pressure’ but analysts wary of Lehman comparison
A Swiss flag flies over a sign of Credit Suisse in Bern, Switzerland FABRICE COFFRINI | AFP | Getty Images Credit Suisse shares briefly sank to an all-time low on Monday while credit default swaps hit...
Credit Suisse on the same way of Lehman Brothers
It has been almost 15 years since the fourth largest merchant bank by volume in America went bankrupt following the 2007/2008 crisis, the episode could have served as a lesson but apparently two more ...
Is Credit Suisse the 2022 Lehman Brothers?
The nightmare resurfaces. The visions of red screens in panicking trading rooms return. And the September 2008 images and photos of Lehman Brothers employees leaving the New York headquarters with box...
Credit Suisse CDS spike is ‘not a Lehman Brothers moment’
Credit Suisse Group AG (SWX: CSGN) is in focus on Monday after its 5-year credit-default swaps climbed to a record high since 2009. Larry McDonald reacts to the news The investment bank, over the week...
Credit Suisse Shares Tank As Capital Concerns Spark Reminders Of Lehman Brothers Failure: Here’s What We Know
Topline Shares of Credit Suisse plunged to an all-time low Monday as investors traded on concerns about the Swiss banking giant’s financial health and management’s ability to restructure the instituti...
Lehman Brothers 2.0 Situation May Cause Another Catastrophe on Crypto and Financial Markets
Contents What’s happening? How will it affect crypto market? The black swan no one expected potentially appeared on the market after the crypto and financial community sparked a series of discus...
‘Trading Like a Lehman Moment’ — Credit Suisse, Deutsche Bank Suffer From Distressed Valuations as the Banks’ Credit Default Insurance Nears 2008 Levels – Economics Bitcoin News
It’s been more than a decade since the financial crisis in 2007-2008 when Lehman Brothers, the fourth largest investment bank in the U.S., collapsed and filed bankruptcy. Close to 14 years later, Cred...
Europe could see a devastating ‘Lehman Brothers’ event as power producers face $1.5 trillion in margin calls — here’s how governments across the region are stepping in
Europe could see a devastating ‘Lehman Brothers’ event as power producers face $1.5 trillion in margin calls — here’s how governments across the region are stepping in Wild swings in...
Anatomy Of The CeFi Implosion
getty getty I have been and still am a big fan of DeFi (decentralized finance) and for that matter CeFi (centralized finance) but the recent implosion highlights the issues for all financial services....
China Giving Off Lehman Brothers Energy Across The Economy
After Evergrande sold its stake in the Vertex, a residential development in Hong Kong, homebuyers suddenly discovered they were at risk of losing their deposits because Evergrande’s financing un...
Germany warns of a ‘Lehman moment’ if Russia cuts off natural gas to Europe
Germany is one step closer to having to ration its gas usage as supply from Russia starts to dry up, and the country’s top economic affairs official is warning that it could lead to an even larger eco...
‘A lot of people have compared this to Lehman. I would compare it to Enron’: Larry Summers comments on FTX bankruptcy
Former U.S. Treasury Secretary Larry Summers is likening the collapse of troubled cryptocurrency exchange FTX to the meltdown that engulfed Houston-based energy company Enron two decades ago. In an in...