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Tag: Bank

Weekend jitters subside

It’s been a relatively calm start to the week, with investors seemingly relieved that the weekend brought no fresh turmoil in the banking...

Association of Corporate Treasures (ACT) March 23 Cash Management Conference (John Bertrand)

The ACT Cash Management conference held in London last week was a well attended, outstanding event covering many issues facing the Corporate Treasures, banks...

AUD/USD – Australian dollar stems slide, retail sales next

The Australian dollar is slightly lower on Monday, trading at 0.6635 in Europe. AUD/USD is coming off a disappointing week, with losses of...

Bitcoin, Ethereum Technical Analysis: BTC Consolidates Near $28,000, as First Citizen Agrees to Acquire Silicon Valley Bank

Bitcoin started the week trading around the $28,000 mark, as markets reacted to the news that Silicon Valley Bank was to be acquired. First...

MicroStrategy’s Bold $150M BTC Buy Fuels Crypto Debate

Repays Silvergate loan at 22% discount Purchases 6,455 BTC for $150M Total Bitcoin holdings: 138,955 In the wake of the recent cryptocurrency market...

Collaborative Efforts Of G7 Countries To Create A More Stable And Secure Environment For Digital Currencies

. Key highlights: The aim is to create a more stable and secure environment for digital currencies while addressing issues such as fraud, money laundering, and...

China-Owned Banks in Hong Kong Are Now Catering to Crypto Firms

China-backed banks in Hong Kong are now catering to crypto firms. Mainland China is still hostile toward crypto, while Hong Kong is aiming...

FDIC’s Purchase of Silicon Valley Bridge Bank Sparks Crypto Debate

SNEAK PEEK First–Citizens Bank & Trust Company has acquired Silicon Valley Bridge Bank, National Association. First–Citizens Bank & Trust Company’s deposits are FDIC-insured up...

Bitcoin rises, most top 10 cryptos drop, amid mixed signals on state of banking sector

Bitcoin rose while Ether and most of the other top 10 non-stablecoin cryptocurrencies fell during afternoon trading in Asia on Monday. U.S. and European...

FDIC Loses $20 Billion in the Sale of Silicon Valley Bank

The Federal Deposit Insurance Corporation (FDIC) has sold Silicon Valley Bank (SVB) to First–Citizens Bank at a cost of $20 billion. First Citizens took...

FDIC Sells Silicon Valley Bank to First-Citizens Bank at $20 Billion Loss

The Federal Deposit Insurance Corporation (FDIC) has sold Silicon Valley Bank (SVB) to First–Citizens Bank at a cost of $20 billion. First Citizens took...

GBP/USD – Will BoE’s Bailey shake up the British pound?

The British pound is trading quietly on Monday. In the European session, GBP/USD is trading at 122.49, up 0.15%. The pound has looked...

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