Bank Run In China -Yichuan Bank On Verge of Collapse

Bank Run In China -Yichuan Bank On Verge of Collapse

First it was Baoshang Bank , then it was Bank of Jinzhou, then, two months ago, China’s Heng Feng Bank with 1.4 trillion yuan in assets, quietly failed and was just as quietly nationalized. Today, a fourth prominent Chinese bank was on the verge of collapse...
Bank Run: Deutsche Bank Clients Are Pulling $1 Billion A Day

Bank Run: Deutsche Bank Clients Are Pulling $1 Billion A Day

There is a reason James Simons’ RenTec is the world’s best performing hedge fund – it spots trends (even if they are glaringly obvious) well ahead of almost everyone else, and certainly long before the consensus. That’s what happened with...