What JPMorgan’s Acquisition of First Republic Means for the Banking Industry
The financial industry has been rocked by the recent collapse of several large banks, and regulators are working...
#deposits
#deposits
Jerome Powell reassures depositors after $100 billion withdrawals from US banks
US regulators have conducted a closed meeting of the Financial Stability Oversight Council to discuss the recent withdrawal...
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...
JPMorgan sued for selling $10m in Jewelry, kept in a couple’s safe deposit box Jorge and Stella Araneta submitted a complaint in the Southern District of New York.
A duo from the Philippines is suing JPMorgan Chase, alleging that the institution sold assets that have been...
Banking Coalition Urges Federal Regulators to Provide Stability for Midsize Banks
The Mid-Size Bank Coalition of America (MBCA) has requested that the United States Federal Deposit Insurance Corporation (FDIC)...
SVB shifts deposits to new bridge bank: US FDIC The collapse of the Silicon Valley Bank is the biggest failure since the financial crisis of 2008.
All deposits of the Silicon Valley Bank (SVB) have been transferred by the US Federal Deposit Insurance Corporation...
US regulators says all SVB and Signature Bank depositors will be protected
In response to the sudden collapse of Silicon Valley Bank (SVB), U.S. regulators have taken control of Signature...
Startups with Deposits Stuck at Silicon Valley Bank Receive Hedge Fund Offers at Steep Discounts
Semafor reported on Saturday that hedge funds are making offers to buy the stranded startup deposits at Silicon...
Roku declares 26% of its cash was held in Silicon Valley Bank Roku just introduced a range of linked TVs that will only be marketed through Best Buy.
Around half a billion dollars, or about one-fourth of Roku’s cash and equivalents, were stored in Silicon Valley...
Gate.io users are experiencing slow deposits and money withdrawals
Recent reports show Gate.io users are experiencing slow deposits and money withdrawals. According to an announcement made last...