Tag: Banking

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In an Unsteady Banking Industry, First Republic’s Problems Stood Out

In an Unsteady Banking Industry, First Republic’s Problems Stood Out

Is the worst of the banking crisis over? It may seem a strange question to pose so shortly after the collapse of First Republic Bank, the second-large [...]
A Timeline of How the Banking Crisis Has Unfolded

A Timeline of How the Banking Crisis Has Unfolded

First Republic Bank was seized by regulators and sold to JPMorgan Chase on Monday, the latest casualty of a banking crisis that has seen other trouble [...]
Operation Choke Point 2.0 Is SEC’s ‘Chemotherapy’ for $14B Ponzi Problem, Crypto Banking Firm BCB’s CEO Says

Operation Choke Point 2.0 Is SEC’s ‘Chemotherapy’ for $14B Ponzi Problem, Crypto Banking Firm BCB’s CEO Says

"Events of the last six months have put a damper on entities wanting to bank this space [crypto]," said another panelist, Richard Booth, chief complia [...]
SAFE Banking Act reintroduced; cannabis industry hails bill

SAFE Banking Act reintroduced; cannabis industry hails bill

Aaron Smith, chief executive officer of the National Cannabis Industry Association, speaks during a news conference on the Safe Banking Act outside th [...]
Stablecoin Reserves Need to Be Diverse, European Banking Authority Chief José Manuel Campa Says

Stablecoin Reserves Need to Be Diverse, European Banking Authority Chief José Manuel Campa Says

The bloc’s Markets in Crypto Assets rules, known as MiCA, are set to take effect as of 2024, but crypto market players should start adjusting their op [...]
Cameron Winklevoss claims regulatory double standards over banking crisis

Cameron Winklevoss claims regulatory double standards over banking crisis

Cameron Winklevoss, the co-founder, and CEO of New York-headquartered crypto exchange Gemini, has accused U.S. regulators of perpetrating double stand [...]
USDC Stablecoin Was Strengthened by U.S. Banking Crisis in March, Allaire Says

USDC Stablecoin Was Strengthened by U.S. Banking Crisis in March, Allaire Says

“We've successfully navigated this crisis, and have actually upgraded the market infrastructure behind USDC to be by far the strongest, safest digital [...]
Bitpanda and Raiffeisen Unit Partner to Offer Crypto for Banking Customers

Bitpanda and Raiffeisen Unit Partner to Offer Crypto for Banking Customers

“Examination of the partnership with Bitpanda aims to add an innovative, secure aspect to our product range and to enable all customers to easily accu [...]
FOREX-Dollar, yen boosted as US banking sector fears put safe-havens back in vogue

FOREX-Dollar, yen boosted as US banking sector fears put safe-havens back in vogue

By Ankur BanerjeeSINGAPORE, April 26 (Reuters) - The U.S. dollar and the yen were steady on Wednesday, holding onto overnight gains as concerns over t [...]
Forexlive Americas FX news wrap: Banking woes spark a fresh flight to safety

Forexlive Americas FX news wrap: Banking woes spark a fresh flight to safety

Markets:Gold up $10 to $1999US 10-year yields down 13 bps to 3.38%WTI crude oil down $1.71 to $77.05S&P 500 down 1.56%, Nasdaq down 1.9%JPY leads, [...]
USD Turning Bullish Today As Banking Jitters Return

USD Turning Bullish Today As Banking Jitters Return

The US dollar turned bearish yesterday, slipping lower as risk sentiment remained mildly positive, but today we have seen a reversal and the USD is ma [...]
US Treasury seeks to tighten nonbank rules following banking crisis

US Treasury seeks to tighten nonbank rules following banking crisis

The United States Treasury and a number of top U.S. financial regulators suggested new rules to make it easier for the Federal Reserve to designate no [...]
Treasury Secretary Yellen: Banking system remains sound.

Treasury Secretary Yellen: Banking system remains sound.

US Treasury Secretary Yellen is a speaking and says:US banking system remains sound and we will take necessary steps to ensure US financial system is [...]
A brief history of digital banking

A brief history of digital banking

Digital banking, also known as online banking or e-banking, refers to the delivery of financial services through digital channels such as the internet [...]
As Fears of Banking Crisis Surged, Members of Congress Sold Bank Stocks

As Fears of Banking Crisis Surged, Members of Congress Sold Bank Stocks

The flurry of transactions highlighted how members of Congress continue to buy and sell stocks in industries that intersect with their official duties [...]
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