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Tag: Banking

$38,400,000,000 in Deposit Flight Hits Wells Fargo and Citigroup in One Year As JPMorgan Chase CEO Issues Warning To Federal Reserve – The Daily...

New numbers show two of the largest banks in the US are witnessing billions of dollars in deposit flight. Quarterly earnings data shows Citigroup’s deposits...

$930,000,000,000 Wave of Debt Descending on US Banks As Hope for Interest Rate Reversal Fades: Former IMF Deputy Director – The Daily Hodl

An IMF insider is warning of another US banking crisis amid hot inflation, dwindling hope of interest rate cuts from the Fed and fears...

A strategic approach to expanding their distribution channels to grow deposits

Deposit growth continues to be the number one business priority of bankers, according to BAI Banking Outlook: 2024 Trends, as it serves as the cornerstone...

IMF says Bitcoin has become necessary financial tool for preserving wealth amid financial instability

Bitcoin (BTC) is increasingly serving as a critical channel for cross-border financial flows amid global financial instability, according to a new report by the...

Brankas Claims to Be First to Secure Open Banking Data License in Indonesia – Fintech Singapore

Southeast Asian open finance platform Brankas has reportedly become the first company in Indonesia to obtain a Payment Service Provider (PJP) Category 2 license...

Crypto Expert Discusses Key Drivers That Could Propel Bitcoin to $200K

On April 17, 2024, a leading crypto expert appeared on CNBC’s “Squawk Box” to discuss several key topics concerning the cryptocurrency market, including the...

AI PCs are here but a killer application for biz users? Nope

Forrester Research says that although 50 models of AI PCs are already on sale today there remains "no killer app" that would make any...

Nigeria, Romania Ranked Among Top Cybercrime Havens

An academic research project to gain insight into which nations produce the most cybercrime has ranked the usual suspects of Russia, Ukraine, China, and...

How the Lummis-Gillibrand Payment Stablecoin Act Could Protect Consumer While Enabling Innovation

Leading officials in U.S. financial regulation, including Federal Reserve Chair Jerome Powell, Treasury Secretary Janet Yellen, and Deputy Treasury Secretary Wally Adeyemo, have recently...

A Half of the Whole

Want a chance to win 1,000,000 sats? All you need to do is tell us whether you think the Bitcoin price will be higher...

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