Current Affairs Stocks and shares and stuff

[Rita_Poon]

CBI boss Tony Danker 'shocked' at firing over misconduct claims

Tony Danker is dismissed by the business group following complaints about his conduct towards several employees.

www.bbc.co.uk

"Don't hold me closer Tony Danker"

 

[Rita_Poon]

First Republic: JP Morgan snaps up major US bank

First Republic was seized by regulators, making it the third major US bank to fail in recent months.

www.bbc.co.uk

3 collapsed banks so far this year and it's only May 1st. No sorry, 3rd major US bank, so with Credit Suisse that's four. Gut says gold will rocket.

 

[PhilM]

First Republic: JP Morgan snaps up major US bank

First Republic was seized by regulators, making it the third major US bank to fail in recent months.

www.bbc.co.uk

3 collapsed banks so far this year and it's only May 1st. No sorry, 3rd major US bank, so with Credit Suisse that's four. Gut says gold will rocket.

JP Morgan has swept in and bought it up, which is only going to strengthen their hand if they can stabilise the bank.

As it focuses/focused on the wealthy, they'll be looking at getting its clients to invest the money through them.

 

[Rita_Poon]

Fed hikes interest rates again to match highest of 16 years ago. More trouble for mortgages.