MoneyWeek

What if your bank is bust?

Call it a warning shot. The collapse of Silicon Valley Bank last month plunged many small businesses in the UK into full-blown panic. Rapid intervention by regulators and the government meant businesses were able to keep trading with minimal disruption, and largely without financial loss. But the crisis was a reminder that 15 years after

You’re reading a preview, subscribe to read more.

More from MoneyWeek

MoneyWeek1 min read
Auctions
Going… John Lennon’s “lost” Framus 12-string “Hootenanny” acoustic guitar is expected to set a new world price record for a Beatles guitar when it appears at Julien’s Auctions’ two-day sale in New York from 29 May. Lennon played the instrument on the
MoneyWeek2 min readIntelligence (AI) & Semantics
Meta’s AI Splurge Rattles Investors
Meta Platforms has suffered its second-worst daily loss in market value on record. Part of the reason for last week’s 15% slide was that while Meta eclipsed forecasts for first-quarter profits and sales, its outlook for the second quarter disappointe
MoneyWeek3 min readWorld
Peak Peking?
The American Senate passed the $95bn “foreign aid” package funding Ukraine, Israel and Taiwan last week and sent the legislation to president Joe Biden’s desk. There was a time when “foreign aid” meant help to poor people in poor countries. Now it is

Related Books & Audiobooks