Silicon Valley Bank: Collapsed US lender bought by rival
The collapsed lender was seized by US regulators after a run on the bank....
Pharrell Williams and Lorraine Schwartz team up for sale featuring iconic celebrity-worn jewelry
Lorraine Schwartz’s creations have stunned on red carpets from the Oscars to the Met Gala. Now, some of her coveted pieces are up for sale...
Hong Kong crypto firms seeing interest from Chinese banks: Report
Several Chinese banks have been seeking to offer services to crypto firms in Hong Kong, despite a ban on crypto on the Chinese mainland....
Myanmar junta throws huge military parade days after new US sanctions
Myanmar’s ruling military paraded an arsenal of weapons in the capital Naypyidaw on Monday, in a grand display of force days after the United States...
FDIC announces First-Citizens Bank & Trust Company to purchase assets of Silicon Valley Bank
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$4M ‘exit scam’ suspected as Kokomo Finance flies off radar, token plunges
Kokomo Finance’s social media presence and websites are offline, while the price of the KOKO token fell more than 95% within a matter of minutes....
Breaking: First Citizens snaps up Silicon Valley Bank — Branches open Monday
The deal was announced on March 26 by the Federal Deposit Insurance Corporation (FDIC)....
Philadelphia officials closely monitor drinking water after a chemical spill in the Delaware River
The City of Philadelphia is monitoring its drinking water system carefully following a chemical spill upstream in the Delaware River, and said the water would...
Tory rebellion over small boats bill put on hold
A group of MPs will meet with ministers to look at how to tighten up the bill, instead of voting against it....
A Look at the Fed’s Recent Custodia Bank Denial and the Central Bank’s Push Back Against Narrow Banking
Over the past century, the number of American banks has significantly decreased, dropping from 30,000 banks in 1921 to 4,997 U.S. banks in 2021, according...