Introduction The financial sector is vital for economic activity and providing services to businesses, households and government entities. Thus, financial stability is significant for the broader economy. Recently, a lot of banks have failed due to various factors. This paper gives an overview of the key factors and enablers of recent bank collapses. It considers approaches to manage risk to…

A ‘Historic’ $4 Billion Meme Stock Restructuring

Credit Suisse didn’t implode. As it turns out, the shrill social media cacophony and sundry doomsday bloggers didn’t actually have the inside line on…A ‘Historic’ $4 Billion Meme Stock Restructuring

Trio the Nobel Laureates in Economics asserted banks are crucial to the economy, they are also dangerous.

Trio the Nobel Laureates – 2022, in Economics, Ben Bernanke, Douglas Diamond & Philip Dybvig asserted banks are crucial to the economy, they are also dangerous. The three laureates’ central insight was that banks were not the neutral intermediaries between savers and borrowers that other economic models had assumed. Instead, they offer vital services to the wider economy: gathering information…

Al Bayan, Dubai Government’s newspaper features Money Protects.

https://www.albayan.ae/economy/uae/2022-09-08-1.4510553

Money Protects in Arabic Media- Recent Releases.

https://lnkd.in/dg3zUdz5https://lnkd.in/dyK8VhHWhttps://lnkd.in/d66WwsUJmhttps://lnkd.in/dcmXBnV6https://lnkd.in/dyGcix4h

Money Protects inks agreement with Crowe MAK UAE, JRB Chartered Accountants

The objective at large is to target and reduce UAE’s NPL (Non-Performing Loans) impairments by Dh 20 billion in 3-5 years which has a yearly addition Dh150 billion. https://www.khaleejtimes.com/business/money-protects-inks-agreement-with-crowe-mak-uae-jrb-chartered-accountants