UK 'shadow bank' Greensill's collapse is similar to the subprime mortgage crisis
CGTN Europe
•
3m 28s
UK analyst Justin Urquhart Stewart has linked the collapse of speciality fintech company Greensill Capital to the subprime mortgage crisis of 2007 and has warned investors to be wary of investing in ‘shadow banks’. 💰 📉
📲 Follow CGTN Europe on social media and other platforms👇🏼
https://stories.cgtneurope.tv/follow-cgtn-europe/index.html
Up Next in CGTN Europe
-
Record COVID-19 hospitalizations in H...
Hungary is battling to avoid a healthcare crisis, amid record COVID-19 hospitalization numbers and with a current positive taste rate of one-in-three.
Mask wearing is mandatory both outside and inside in a country which says its vaccination rate is the highest per capita in Europe.
Read more: ...
-
England takes first step out of lockd...
Sian Griffiths, the head of Staffordshire University's Centre for Health and Development agrees there is a danger the UK's successful vaccination program could lull people into a false sense of security, leading them to ignore the rules.
"I think people are feeling more optimistic," she told CGT...
-
Have Reddit & Robinhood changed inves...
"Financial markets were once oligopolies in which retail investors had no impact whatsoever on trade. Now that's changed."💵
💰Finance guru Arturo Bris tells #TheAgenda with Stephen Cole how the Game Stop saga may have changed investment forever.Read more 👉https://newseu.cgtn.com/news/2021-03-0...