First Citizens Acquires Silicon Valley Bank with Regulatory Backing
On Monday, U.S. regulators announced their support for First Citizens BancShares, a regional lender, to acquire Silicon Valley...
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The US banking crisis is heading for a train wreck, says Bill Ackman
Bill Ackman, hedge fund manager, billionaire and CEO of Pershing Square Capital Management, thinks that the US banking...
The Hidden Risk in U.S. Banks’ Balance Sheets: $1.7 Trillion in Unrealized Losses
The recent failures of Silicon Valley Bank and Credit Suisse have raised concerns about the stability of the...
Saudi National Bank’s $1 Billion Loss Highlights Risks of Equity Investments
Saudi National Bank has disclosed that it has experienced a loss of nearly 80% on its investment in...
Michael Burry warns that the current banking turmoil is similar to panic of 1907
Michael Burry, the famed hedge fund manager who predicted the 2008 financial crisis and was portrayed in the...
China’s New Financial Regulatory Body to Strengthen Institutional Oversight
China has announced plans to establish a new national financial regulatory body, which will replace the China Banking...
In an interview with Co-Founders of DrivioTech- India’s largest Tech-enabled Omni-channel Two-wheeler financing platform
Aiming to solve the financing problems of common two-wheeler buyers, DrivioTech connects Consumers, Banks and dealers at one...
Neobanking startup Niyo raises $30 million from PE firm Multiples!
According to recent reports, consumer neo banking firm, Niyo, known to be operated by Finney Solutions has managed...
HSBC suspends head of responsible investing after climate risk comments. Stuart Kirk reportedly called climate warnings 'shrill'
Reports specify that HSBC has gone ahead to suspend a senior banker after him referring to climate crisis...
How to link your mobile number with bank account
Banks today expect clients to give their telephone numbers at the hour of record opening. Regardless of whether...