Tag: Banks
US banks can handle customer crypto assets held in custody, regulator confirms
The US Office of the Comptroller of the Currency (OCC) has confirmed banks under its jurisdiction can trade crypto on behalf of customers and outsourc [...]
Banks keep high rates inspired by now-dead CFPB rule
The New York Stock Exchange is seen during morning trading on July 31, 2024 in New York City. Michael M. Santiago | Getty Images News | Getty ImagesLa [...]
Banks rush out translation, forex services as Korea's foreign population hits 2.65 million – Korea JoongAng Daily
Banks rush out translation, forex services as Korea's foreign population hits 2.65 million Korea JoongAng Daily
news.google.com [...]
Bowman may review Fed's secret ratings for large banks – Forex Factory
Bowman may review Fed's secret ratings for large banks Forex Factory
www.forexfactory.com [...]
Crypto wanted to overthrow banks, now it’s becoming them in stablecoin fight
Crypto firms are no longer just challenging the traditional fina [...]
Banks must adopt crypto or be extinct in 10 years, Eric Trump says
Eric Trump, executive vice president of the Trump Organization and son of US President Donald Trump, has delivered a warning to global banks regarding [...]
SoFi CEO says fintech bank is bringing back crypto investing
Anthony Noto, CEO of SoFi.Adam Jeffery | CNBCSoFi CEO Anthony Noto said the fintech bank will bring back cryptocurrency investing this year after a "f [...]
Wealthy consumers up spending while the rest of America cuts back
Shoppers walk through the King of Prussia Mall, as global markets brace for a hit to trade and growth caused by U.S. President Donald Trump's decision [...]
After Trump Aid Cuts, Food Banks Scrounge and Scrimp
In one of the country’s poorest areas, the quantity and quality of government deliveries have dropped, forcing one charity to make do with thin soup a [...]
Caitlin Long slams US Fed over stablecoin policy favoring big banks
Caitlin Long, founder and CEO of Custodia Bank, has criticized the US Federal Reserve for quietly maintaining a key anti-crypto policy that favors big [...]
US banks are ‘free to begin supporting Bitcoin’ — Michael Saylor
Bitcoin adoption among United States financial institutions could see a major boost after the US Federal Reserve withdrew its guidance discouraging ba [...]
Federal Reserve withdraws crypto guidance for banks
The Fed is rescinding its supervisory letter from 2022 that called for notification in advance of planned or ongoing crypto-asset activities. News C [...]
American Express cardholders still spending despite Trump tariffs
American Express's affluent cardmembers are showing few signs of curbing their spending, and younger customers drove growth in first-quarter transacti [...]
Wall Street trading revenue boosted by Trump policy volatility
U.S. President Donald Trump meets with El Salvador President Nayib Bukele (not pictured) in the Oval Office at the White House in Washington, D.C., U. [...]
JPMorgan Chase infinite money glitch: Bank sues more customers
A person uses an ATM at a Chase bank in New York City on November 19, 2024. Charly Triballeau | AFP | Getty ImagesJPMorgan Chase this week began suing [...]