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Tag: US Banks

JPMorgan Chase, Wells Fargo and BofA Hit With Negative Ratings Outlook As Moody’s Says US Government Has Weaker Capacity To Support Big Banks –...

Three US banking giants have just had their ratings downgraded to “negative” by Moody’s. Moody’s Investor Service downgraded JPMorgan Chase, Wells Fargo and Bank of...

US Feds Arrest Three Men for Allegedly Duping Banks out of $10,000,000 and Funneling Cash to Crypto Exchanges – The Daily Hodl

Federal law enforcement authorities have arrested three men accused of scamming millions from US banks and financial institutions and then moving the stolen money...

Misunderstanding Crypto And Terror Financing Leads To Bad Policy – CryptoInfoNet

The House Financial Services Committee is holding a hearing Wednesday focused on illicit activity in digital assets. This hearing follows two others, conducted last...

$174,303,000,000 in Deposit Flight Hits US Banks in Three Months As S&P Global Declares Banking Industry Is ‘Gradually Shrinking’ – The Daily Hodl

New numbers are shedding light on the multi billion-dollar flow of capital out of the US banking system. In a new report, S&P Global says...

Ripple CEO Declares Intent To Bring XRP Battle To Supreme Court

In a recent speech at the DC Fintech Week conference, Ripple CEO Brad Garlinghouse addressed the company’s regulatory hurdles. He expressed his views on...

Multiple deposit delays across US banks linked to ACH system error

Several major banks across the United States are currently experiencing deposit delays, according to a report from CNN on Nov. 3.That report suggests that...

Bitcoin Price Could Skyrocket Like In March If This Happens

In a recent post on X (formerly Twitter), Ram Ahluwalia, the CEO of Lumida Wealth, weighed in on the potential market impacts on Bitcoin,...

Hong Kong tries open banking – without fintechs

The Hong Kong Monetary Authority, in an attempt to speed up the adoption of open-banking business models, has convened a grouping of 28 banks...

Mideast tensions send the Swiss franc, oil and gold sharply higher – MarketPulse

Univ of Mich: Short- and longer-run inflation expectations surge (1-year rises to 3.8% and 5-10 year rise to 3.0%) Consumer  sentiment plunges from 68.1...

Arthur Hayes Predicts Great Financial Depression in Next 5 Years, US Banks in Trouble

In a YouTube video titled “A Great Depression Worse Than 2008 – Survive & Thrive During The New Economic Reset,” Arthur Hayes laid...

Seizing the power of FedNow: What US banks can learn from global peers’ adoption of instant payments

The recent launch of the FedNow Service in the US presents an enormous opportunity for banks. Looking at the global adoption of instant payment...

What is Binance USD and How it Works A Comprehensive Explanation

Binance USD (BUSD) is a stablecoin backed by the US dollar, created by the Binance exchange. Stablecoins are digital assets that provide stability by...

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