Last December, Oleg Rogynskyy, a West Coast-based entrepreneur who runs an artificial intelligence start-up, made a bold decision: He closed his corporate account with Silicon Valley Bank (SVB) after years of custom. The reason? Rogynskyy’s father worked in a Ukrainian bank, which in 1998 went bankrupt. From an early age, he learned to be hypervigilant….
We are approaching the tipping point where the US economy and banking system rolls off the edge and back to safety or falls off the cliff and into a full fledged banking crisis. The Federal Reserve could solve this problem in one step: cut interest rates at its meeting this week. Still, the chances of…
Image source: Getty Images I think these low-cost FTSE100 dividend stocks could be classic value traps. That’s why I stay away from it. Barclays Bank stocks have been hit hard in recent days. The carnage could also continue as concerns over the US and European financial sectors persist. FTSE 100 listed Barclays (LSE: BARC) is…
