National Trust Bank Bid: Citadel Securities-Backed Crypto Exchange Enters The Fray
[[{„value”:” EDX Markets, the crypto exchange backed by Wall Street giant Citadel Securities, has applied to the Office…
Browsing Tag
banking sector
11 posts
Economist Editorial Claims 2024 Recession Is Inevitable—Is America Ready?
A U.S. recession in 2024 appears to be on the horizon, according to a recent editorial piece by…
Macroeconomics Expert Predicts Hard Landing for US Economy
Despite recent positive economic indicators, investor and macroeconomics expert George Gammon foresees a hard landing for the U.S.…
Banking Sector Poses Highest Money Laundering Risk, Singapore’s Central Bank Says
According to the Money Laundering Risk Assessment Report by Singapore’s central bank, the banking sector is identified as…
Ethiopia Approves CBDC Launch Draft Proclamation
The Ethiopian Council of Ministers recently approved a draft proclamation that paves the way for the launch of…
JPMorgan Chase Captures 18% of US Bank Profits, Highlighting Growing Market Dominance
A report has found that JPMorgan Chase Bank accounted for a substantial 18% share, or $11.7 billion, of…
Bitcoin Blasts To New Record High Against New York Community Bancorp
New York Community Bancorp, Inc. (NYSE: NYCB) shares plummeted by 45% today after a dividend cut and an…
JPMorgan Enables Euro Blockchain Payments With JPM Coin – Report
American investment bank JPMorgan Chase & Co has enabled Euro-denominated payments via the JPM Coin, the native currency…
Silvergate Bank Faces Regulatory Deadline for Self-Liquidation Plan
In a recent press release from the U.S. Federal Reserve Board of Governors, it was disclosed that Silvergate…
Banks Not Getting Anticipated Benefits From Rate Hikes, ECB Executive Admits
Eurozone banks are profitable but the benefits from higher interest rates may be smaller than expected, according to…