Banking Crisis

Challenges Faced by Deutsche Bank

Deutsche Bank is the largest bank in Germany and one of the systematically important banks in Europe. With total assets of over $1.5 trillion, it is one of the largest banks in the world by asset size. However, recent trends have shown that the stress in the banking system is on the rise, with increasing

New Nickel Scandal Rocks London Metal Exchange

A New Nickel Scandal came to light when the London Metal Exchange (LME), a major marketplace for industrial metals, has recently discovered bags of stones instead of the nickel that underpinned several of its contracts. The discovery was made at a warehouse owned by Access World in Rotterdam, where the metal had been registered since

Fed’s Balance Sheet Expansion Recently!

Fed’s balance sheet increased last week and it has caused concern among investors, but it’s a necessary move to ensure that the economy continues to recover. The banking industry is in crisis, and the Fed’s intervention is necessary to provide liquidity and support. While inflation is a concern, the Fed is willing to take the

Banking System in Crisis

The banking System in crisis might have felt like a sudden apocalypse that dropped out of nowhere, but the reality is far from it. It’s a consequence of several factors that brewed for years – like a perfect storm. Firstly, the economy was flooded with $4 trillion in printed stimulus, leaving moneybags feeling richer than

Navy Federal Credit Union

Navy Federal Credit Union offers Flexible Auto Loans

Navy Federal Credit Union offers competitive auto loan rates, flexible loan terms, pre-approval options, and a car-buying service to its members. Whether you are in the market for a new or used car, Navy Federal Credit Union has a financing option that can help you achieve your goals. As with any financial decision, it is

The Economic Climate: A Recap of Recent Events

The current economic climate is characterized by uncertainty and inconclusive data. The Federal Reserve is trying to control inflation, but it remains at an intolerably high level, and the stock and bond markets are fluctuating. Although the labor market is tight, growth is slowing, and the housing market is weakening. Over the last week, the

Private Mortgages

Private Mortgages: What You Need to Know

Private mortgages are an increasingly popular way for homeowners to access funding for a variety of needs. Private mortgages are loans made by private individuals or organizations, rather than traditional financial institutions like banks. While private mortgages can be a useful option for those who cannot qualify for traditional financing, they come with their own

Mortgage Rates in America

Mortgage Rates in America: The Current Scenario

Mortgage rates, as of March 2023, in America have soared back above 7%, which has significant implications for prospective home buyers. At this rate, buying a median home in the US would require a down payment of $93,540 and a monthly mortgage payment of $2,514 on a $467,700 property. The current scenario of mortgage rates