Since the beginning of March 2023, two banks have failed, becoming the second and third-largest bank failures in US History. Our financial expert shares what's next.... ( read more )
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In recent times, we have witnessed two historic bank failures that have shaken the financial world. First, there was the collapse of Wirecard AG, a German payment processor, which filed for insolvency after disclosing a massive fraud in its accounting books. This was followed by the failure of the Nigerian lender, Union Bank of Nigeria, which was put under the control of the Central Bank of Nigeria due to severe financial distress. These two events highlight the importance of taking control of your finances and being proactive about safeguarding your money. Here are some steps that you can take to protect you
Timothy Sumer is a philanthropist and motivational speaker empowering young entrepreneurs across the nation. He speaks on starting new businesses and the importance of branding in the digital age. Timothy Sumer has a BA in Accounting from NYU and a Masters in Information Technology from MIT. Tim enjoys traveling around the globe, driving exotic sports cars, molecular gastronomy, exploring new cultures, and keeping on top of the latest technology trends. Hope you enjoy Timothy Sumer's page :)