Time Flies
How on earth has the first quarter passed already? It is insane. Not just in terms of time, but what has occurred since the year started. In my latest blog, I look back at the last three months at some of the big events of the year so far. Banking Woes Let’s start with a big one, the so-called banking crisis. Credit Suisse was hounded into a marriage of convenience with its Swiss counterpart, UBS. Silly Valley Bank (obviously I’m referring to Silicon Valley Bank) hit the buffers, with HSBC buying the UK arm for the grand total of £1. They are laughing all the way to the bank with this deal, no pun intended. Signature Bank and Silvergate Bank were both exposed to the Cryptocurrency market and businesses that operated in this sector. I do not like Crypto and believe it should be regulated, and to the hilt, to protect consumers. There are hundreds if not thousands of
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