Shared by Gregg Yorkison Los Angeles The term “credit market” refers to the market where individuals, businesses, and governments can borrow money from lenders such as banks, credit unions, or other financial institutions. These lenders make money by charging interest…
Shared by Gregg Yorkison Los Angeles When a bank or company faces bankruptcy, a workout is a process to help them avoid it. A workout involves working with a team of experts, such as financial consultants and lawyers, to create…
Shared by Gregg Yorkison Los Angeles A covenant is a promise or agreement a borrower makes to a lender when borrowing money. Covenants protect the lender’s interests in the banking industry and ensure the borrower can repay the loan. Covenants…
Shared by Gregg Yorkison Crypto stress is people’s anxiety and worries when dealing with cryptocurrency. It can be caused by different factors, such as the volatility of the market, concerns about security, and fear of missing out or experiencing investment…
Shared by Gregg Yorkison Bank stress is when a bank faces difficulties in maintaining its financial health. It can be caused by various factors such as economic downturns, bad loans, or regulation changes. Liquidity problems, asset quality deterioration, and capital…