--- title: Syz The Moment | bankruptcy description: bankruptcy | Syz The Moment --- [![Syz Private banking](https://blog.syzgroup.com/hs-fs/hubfs/Logo.png?width=140&name=Logo.png "Syz Private banking")](https://www.syzgroup.com/fr) ## **Thinking** out loud [Subscribe](https://25733253.hs-sites-eu1.com/newsletter-signup?hsLang=en) [![Contact Us](https://hubspot-no-cache-eu1-prod.s3.amazonaws.com/cta/default/25733253/3d762f49-4e71-4f99-97b1-bf6781ef3da2.png)](https://hubspot-cta-redirect-eu1-prod.s3.amazonaws.com/cta/redirect/25733253/3d762f49-4e71-4f99-97b1-bf6781ef3da2) - [OUR SERVICES](https://www.syzgroup.com/en/private-banking) - [ABOUT SYZ](https://www.syzgroup.com/en/about/welcome-to-syz) - [CAREERS](https://www.syzgroup.com/en/careers) - [PRESS](https://www.syzgroup.com/en/news) - [Blog Homepage](https://blog.syzgroup.com) - [Slow Food for Thought](https://blog.syzgroup.com/slow-food-for-thought) - [Focus](https://blog.syzgroup.com/slow-food-for-thoughts/tag/focus) - [Asset allocations Insights](https://blog.syzgroup.com/slow-food-for-thoughts/tag/asset-allocation-insights) - [Market Outlook](https://blog.syzgroup.com/slow-food-for-thoughts/tag/market-outlook) - [Swiss Perspectives](https://blog.syzgroup.com/slow-food-for-thoughts/tag/swiss-perspectives) - [Syz the moment](https://blog.syzgroup.com/syz-the-moment) - [Crypto corner](https://blog.syzgroup.com/crypto-corner) - [Syz AI Insights](https://blog.syzgroup.com/syz-ai-insights) - [Fast Food for Thought](https://blog.syzgroup.com/fast-food-for-thought) - [The week in seven charts](https://blog.syzgroup.com/fast-food-for-thoughts/tag/the-week-in-seven-charts) - [Flash](https://blog.syzgroup.com/fast-food-for-thoughts/tag/flash) - [Fixed Income Weekly](https://blog.syzgroup.com/fast-food-for-thought/tag/weekly-fixed-income) - [Equity Weekly](https://blog.syzgroup.com/fast-food-for-thought/tag/weekly-equities) - [Global markets outlook](https://blog.syzgroup.com/fast-food-for-thoughts/tag/global-markets-outlook) - [CONTACT](https://www.syzgroup.com/en/contact-us/form) - [ENGLISH](https://www.syzgroup.com/) - [FRANÇAIS](https://www.syzgroup.com/fr) - [Slow Food for Thought](https://blog.syzgroup.com/slow-food-for-thought) - [Focus](https://blog.syzgroup.com/slow-food-for-thoughts/tag/focus) - [Asset allocations Insights](https://blog.syzgroup.com/slow-food-for-thoughts/tag/asset-allocation-insights) - [Market Outlook](https://blog.syzgroup.com/slow-food-for-thoughts/tag/market-outlook) - [Swiss Perspectives](https://blog.syzgroup.com/slow-food-for-thoughts/tag/swiss-perspectives) - [Fast Food for Thought](https://blog.syzgroup.com/fast-food-for-thought) - [Flash](https://blog.syzgroup.com/fast-food-for-thoughts/tag/flash) - [Weekly Fixed Income](https://blog.syzgroup.com/fast-food-for-thought/tag/weekly-fixed-income) - [The week in seven charts](https://blog.syzgroup.com/slow-food-for-thoughts/tag/the-week-in-seven-charts) - [Global markets outlook](https://blog.syzgroup.com/fast-food-for-thoughts/tag/global-markets-outlook) - [Weekly Equities](https://blog.syzgroup.com/fast-food-for-thought/tag/weekly-equities) - [Syz the moment](https://blog.syzgroup.com/syz-the-moment) - [Crypto corner](https://blog.syzgroup.com/crypto-corner) - [Syz AI Insights](https://blog.syzgroup.com/syz-ai-insights) - [Our Services](https://www.syzgroup.com/en/private-banking) - [About Syz](https://www.syzgroup.com/en/about/welcome-to-syz) - [Careers](https://www.syzgroup.com/en/careers) - [Press](https://www.syzgroup.com/en/news) - [Contact](https://www.syzgroup.com/en/contact-us/form) - [English](https://www.syzgroup.com/) - [Français](https://www.syzgroup.com/fr) ## **Sign-up** for our newsletter This website uses cookies to enhance user navigation and to collect statistical data. 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Bank Syz Ltd. accepts no liability for any loss arising from the use of this document. ## Straight from the Desk # **Syz** the moment Live feeds, charts, breaking stories, all day long. - [All](https://blog.syzgroup.com/syz-the-moment) - [equities](https://blog.syzgroup.com/syz-the-moment/tag/equities) - [United States](https://blog.syzgroup.com/syz-the-moment/tag/united-states) - [Macroeconomics](https://blog.syzgroup.com/syz-the-moment/tag/macroeconomics) - [Food for Thoughts](https://blog.syzgroup.com/syz-the-moment/tag/food-for-thoughts) - [markets](https://blog.syzgroup.com/syz-the-moment/tag/markets) - [Central banks](https://blog.syzgroup.com/syz-the-moment/tag/central-banks) - [bitcoin](https://blog.syzgroup.com/syz-the-moment/tag/bitcoin) - [Fixed Income](https://blog.syzgroup.com/syz-the-moment/tag/fixed-income) - [geopolitics](https://blog.syzgroup.com/syz-the-moment/tag/geopolitics) - [AI](https://blog.syzgroup.com/syz-the-moment/tag/ai) - [Asia](https://blog.syzgroup.com/syz-the-moment/tag/asia) - [gold](https://blog.syzgroup.com/syz-the-moment/tag/gold) - [europe](https://blog.syzgroup.com/syz-the-moment/tag/europe) - [Commodities](https://blog.syzgroup.com/syz-the-moment/tag/commodities) - [investing](https://blog.syzgroup.com/syz-the-moment/tag/investing) - [Technology](https://blog.syzgroup.com/syz-the-moment/tag/technology) - [Crypto](https://blog.syzgroup.com/syz-the-moment/tag/crypto) - [technical analysis](https://blog.syzgroup.com/syz-the-moment/tag/technical-analysis) - [nvidia](https://blog.syzgroup.com/syz-the-moment/tag/nvidia) - [oil](https://blog.syzgroup.com/syz-the-moment/tag/oil) - [china](https://blog.syzgroup.com/syz-the-moment/tag/china) - [ETF](https://blog.syzgroup.com/syz-the-moment/tag/etf) - [earnings](https://blog.syzgroup.com/syz-the-moment/tag/earnings) - [Forex](https://blog.syzgroup.com/syz-the-moment/tag/forex) - [energy](https://blog.syzgroup.com/syz-the-moment/tag/energy) - [magnificent-7](https://blog.syzgroup.com/syz-the-moment/tag/magnificent-7) - [banking](https://blog.syzgroup.com/syz-the-moment/tag/banking) - [Volatility](https://blog.syzgroup.com/syz-the-moment/tag/volatility) - [Alternatives](https://blog.syzgroup.com/syz-the-moment/tag/alternatives) - [Real Estate](https://blog.syzgroup.com/syz-the-moment/tag/real-estate) - [apple](https://blog.syzgroup.com/syz-the-moment/tag/apple) - [emerging-markets](https://blog.syzgroup.com/syz-the-moment/tag/emerging-markets) - [google](https://blog.syzgroup.com/syz-the-moment/tag/google) - [Middle East](https://blog.syzgroup.com/syz-the-moment/tag/middle-east) - [switzerland](https://blog.syzgroup.com/syz-the-moment/tag/switzerland) - [tesla](https://blog.syzgroup.com/syz-the-moment/tag/tesla) - [amazon](https://blog.syzgroup.com/syz-the-moment/tag/amazon) - [United Kingdom](https://blog.syzgroup.com/syz-the-moment/tag/united-kingdom) - [microsoft](https://blog.syzgroup.com/syz-the-moment/tag/microsoft) - [assetmanagement](https://blog.syzgroup.com/syz-the-moment/tag/assetmanagement) - [ethereum](https://blog.syzgroup.com/syz-the-moment/tag/ethereum) - [russia](https://blog.syzgroup.com/syz-the-moment/tag/russia) - [meta](https://blog.syzgroup.com/syz-the-moment/tag/meta) - [Healthcare](https://blog.syzgroup.com/syz-the-moment/tag/healthcare) - [Industrial-production](https://blog.syzgroup.com/syz-the-moment/tag/industrial-production) - [ESG](https://blog.syzgroup.com/syz-the-moment/tag/esg) - [Global Markets Outlook](https://blog.syzgroup.com/syz-the-moment/tag/global-markets-outlook) - [Turkey](https://blog.syzgroup.com/syz-the-moment/tag/turkey) - [bankruptcy](https://blog.syzgroup.com/syz-the-moment/tag/bankruptcy) - [inflation](https://blog.syzgroup.com/syz-the-moment/tag/inflation) - [brics](https://blog.syzgroup.com/syz-the-moment/tag/brics) - [Market Outlook](https://blog.syzgroup.com/syz-the-moment/tag/market-outlook) - [performance](https://blog.syzgroup.com/syz-the-moment/tag/performance) - [africa](https://blog.syzgroup.com/syz-the-moment/tag/africa) - [LLM](https://blog.syzgroup.com/syz-the-moment/tag/llm) - [Global](https://blog.syzgroup.com/syz-the-moment/tag/global) - [Market News](https://blog.syzgroup.com/syz-the-moment/tag/market-news) - [Weekly Equities](https://blog.syzgroup.com/syz-the-moment/tag/weekly-equities) Show more 20 Feb 2025 - - - #### Nikola $NKLA officially files for bankruptcy. From $2,828 to $0. What a ride... Source: Financelot @FinanceLancelot [#bankruptcy](https://blog.syzgroup.com/syz-the-moment/tag/bankruptcy) ![Nikola $NKLA officially files for bankruptcy.](https://blog.syzgroup.com/hubfs/12-Feb-20-2025-03-04-29-1433-PM.jpg) ![Nikola $NKLA officially files for bankruptcy.](https://blog.syzgroup.com/hubfs/12-Feb-20-2025-03-04-29-1433-PM.jpg) 19 Feb 2025 - - - #### ➡️ US large BANKRUPTCIES are accelerating: There were 70 US bankruptcy filings in January, in line with the largest monthly number since the 2020 CRISIS. This comes after bankruptcies hit 694 in 2024, the most in 14 YEARS. Bankruptcies are rising as if there is a crisis. Source: Global Markets Investor [#United States|](https://blog.syzgroup.com/syz-the-moment/tag/united-states) [#bankruptcy](https://blog.syzgroup.com/syz-the-moment/tag/bankruptcy) ![➡️ US large BANKRUPTCIES are accelerating:](https://blog.syzgroup.com/hubfs/12-Feb-19-2025-02-43-56-7219-PM.jpg) ![➡️ US large BANKRUPTCIES are accelerating:](https://blog.syzgroup.com/hubfs/12-Feb-19-2025-02-43-56-7219-PM.jpg) 14 Jan 2025 - - - #### Did powerlines cause the Los Angeles wildfires? Edison International stock, $EIX, the parent company of Southern CA Edison, is currently crashing. It's now down -30% since the fires began, erasing $10 BILLION of market cap. Could this be the next big bankruptcy? Source: The Kobeissi Letter [#equities|](https://blog.syzgroup.com/syz-the-moment/tag/equities) [#bankruptcy](https://blog.syzgroup.com/syz-the-moment/tag/bankruptcy) ![Did powerlines cause the Los Angeles wildfires?](https://blog.syzgroup.com/hubfs/7-Jan-14-2025-09-33-59-4027-AM.jpg) ![Did powerlines cause the Los Angeles wildfires?](https://blog.syzgroup.com/hubfs/7-Jan-14-2025-09-33-59-4027-AM.jpg) 12 Aug 2024 - - - #### BREAKING: The number of US bankruptcies currently under Chapter 11 jumps to 2,462, the highest count in 13 years. A Chapter 11 filing involves court-supervised reorganization and allows a company to stay in business and restructure its finances and operations. These bankruptcies have more than DOUBLED in just 2 years. This comes after many companies have struggled to make their debt payments as the Fed raised interest rates to the highest level in 23 years. Source: Bloomberg, The Kobeissi Letter [#bankruptcy](https://blog.syzgroup.com/syz-the-moment/tag/bankruptcy) ![BREAKING: The number of US bankruptcies currently under Chapter 11 jumps to 2,462, the highest count in 13 years.](https://blog.syzgroup.com/hubfs/1723404739948.jpg) ![BREAKING: The number of US bankruptcies currently under Chapter 11 jumps to 2,462, the highest count in 13 years.](https://blog.syzgroup.com/hubfs/1723404739948.jpg) 21 May 2024 - - - #### Interesting article by Financial Times: Three in four audit reports failed to warn that companies risked going bankrupt in the year before their collapse. Here's how each of the Big Four performed: https://on.ft.com/3UFVHLG [#bankruptcy](https://blog.syzgroup.com/syz-the-moment/tag/bankruptcy) ![Interesting article by Financial Times:](https://blog.syzgroup.com/hubfs/11-May-21-2024-12-34-41-2434-PM.jpg) ![Interesting article by Financial Times:](https://blog.syzgroup.com/hubfs/11-May-21-2024-12-34-41-2434-PM.jpg) 7 Feb 2024 - - - #### In the last week - Commercial Real Estate Stress \- New York Community Bank (USA) - Aozora Bank (Japan) - and now: \*Deutsche Pfandbriefbank, under pressure in Europe, more real estate cracks, banking concern, etc" Source: Bloomberg, Lawrence McDonald [#Real Estate|](https://blog.syzgroup.com/syz-the-moment/tag/real-estate) [#bankruptcy](https://blog.syzgroup.com/syz-the-moment/tag/bankruptcy) ![In the last week - Commercial Real Estate Stress](https://blog.syzgroup.com/hubfs/18-2.jpg) ![In the last week - Commercial Real Estate Stress](https://blog.syzgroup.com/hubfs/18-2.jpg) 5 Feb 2024 - - - #### Evergrande, which has now been ordered to liquidate, has an astonishing $300 billion in liabilities. That places it near the very top of the all-time list of corporate bankruptcies. A lot of Evergrande's liabilities are down payments that Chinese homebuyers made on apartments that remain unbuilt. But even just looking at the bonds and loans outstanding, the amount is greater than $80 billion. Source: TME, Axios [#Real Estate|](https://blog.syzgroup.com/syz-the-moment/tag/real-estate) [#bankruptcy](https://blog.syzgroup.com/syz-the-moment/tag/bankruptcy) ![Evergrande, which has now been ordered to liquidate, has an astonishing $300 billion in liabilities.](https://blog.syzgroup.com/hubfs/25.jpg) ![Evergrande, which has now been ordered to liquidate, has an astonishing $300 billion in liabilities.](https://blog.syzgroup.com/hubfs/25.jpg) 8 Nov 2023 - - - #### From The Kobeissi Letter -\> Bankruptcy documents show that WeWork, $WE, will immediately break 40 office leases in New York City Documents also show that WeWork plans to break leases on 70 properties in New York City. Note that 40 of these locations are completely empty. Once a $47 billion company, WeWork still has 700 locations world wide. Could this bankruptcy worsen the commercial real estate crisis? [#Real Estate|](https://blog.syzgroup.com/syz-the-moment/tag/real-estate) [#bankruptcy](https://blog.syzgroup.com/syz-the-moment/tag/bankruptcy) ![From The Kobeissi Letter -\> Bankruptcy documents show that WeWork, $WE, will immediately break 40 office leases in New York City](https://blog.syzgroup.com/hubfs/1699392957617.jpg) ![From The Kobeissi Letter -\> Bankruptcy documents show that WeWork, $WE, will immediately break 40 office leases in New York City](https://blog.syzgroup.com/hubfs/1699392957617.jpg) [1](https://blog.syzgroup.com/syz-the-moment/tag/bankruptcy/page/1) [2](https://blog.syzgroup.com/syz-the-moment/tag/bankruptcy/page/2) [❯](https://blog.syzgroup.com/syz-the-moment/tag/bankruptcy/page/2) ## **Thinking** out loud Sign up for our weekly email highlighting the most popular posts. 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