United Kingdom regulators have announced a resolution to protect creditors of the region’s subsidiary of the collapsed Carlifornia-based lender Silicon Valley Bank (SBV). Under a transaction facilita...
Category: Finance
Live Finance News Updates.
What Is The GALA News Hitting The Headlines? GALA Price Prediction and Avorak AI vs. GameFi
What is GALA? GALA is the utility token for Gala Games. Leading video game producers joined forces to establish Gala Games, which uses Web3 and blockchain technology to give gamers value back. Its cre...
I plan to retire at 62. I get $1,500 a month in rental income and have $200,000 in savings. Should I get a financial adviser to help me?
I’m not sure what to do with my savings. How might a financial adviser help me? Getty Images/iStockphoto Question: I am planning to retire at 62. I have $200,000 in savings, and I have a paid off rent...
Stablecoins depegged, Tether remains the king of all stablecoins
Some stablecoins observed their value drop from their pegged value; meanwhile, USDT stood still. Over the past few weeks, markets have shown high volatility. In the first week of March, one of the ban...
Silicon Valley Bank collapse — everything you need to know right now: Morning Brief
This article first appeared in the Morning Brief. Get the Morning Brief sent directly to your inbox every Monday to Friday by 6:30 a.m. ET. Subscribe Monday, March 13, 2023 Today’s newsletter is...
As His Real Madrid Career Slows Down, Luka Modric Speeds Up Business From Croatia
Modric has often been a handy substitute in Madrid, with the team aiming to find more consistent … [+] form in pursuit of success this season. DeFodi Images via Getty Images There is something t...
OKCoin pauses dollar deposits, OTC services after ‘managing’ Silvergate situation
OKCoin, a U.S.-based crypto exchange affiliated with the much larger OKX, temporarily paused deposits of U.S. dollars following Sunday’s failure of Signature Bank. OKCoin CEO and OKX Pres...
SVB Failure Sparks Blame Game Over Trump-Era Regulatory Rollback
(Bloomberg) — Eight years ago, Greg Becker delivered a blunt message to lawmakers in Washington: the bank he ran was not like Wall Street. Most Read from Bloomberg As chief executive officer of ...
‘There Will Be Things That Are Revelatory’
Nominees Brendan Hunt, from left, Hannah Waddingham, Brett Goldstein, Phil Dunster and Jeremy Swift … [+] on the red carpet at the 73rd Emmy Awards. Television Academy The cast of Ted Lasso, the...
Euler Finance flash-loan attacked for an estimated $197 million
Lending protocol Euler Finance was hit by a flash-loan attack, resulting in a loss of $197 million, according to security firms BlockSec and PeckShield. The attack occurred at 4:50 am ET, allowi...
DAX index slips as Deutsche Bank, Porsche stocks plunges
European indices crashed hard on Monday as concerns about the financial market continued. The DAX index, plunged by more than 2.2% to a low of €15,067, the lowest level since January 31st. It has cras...
First Republic Bank shares slump 60% in premarket trade
First Republic Bank FRC, -14.84% shares fell 60% after the weekend collapse of Signature Bank and Friday’s closure of SVB Financial, even as federal regulators stepped into guarantee those deposits an...
US Regional Banks Remain Under Pressure as First Republic Sinks
(Bloomberg) — The positive effect from the American regulators’ overnight support actions in the banking system quickly evaporated on Monday morning, with stocks signaling that fallout from the ...
Ayala’s ACEN Earmarks $1.3 Billion In Capital Expenditures This Year To Support Asia-Pacific Expansion Plans
The wind mills in the northern Philippine province of Ilocos Norte are among the renewable energy … [+] assets owned and operated by Ayala Corp’s ACEN. JOEL NITO/AFP via Getty Images ACEN—...
The Fed’s near-zero interest rate experiment was destined to have unintended consequences. Backstopping SVB’s collapse is just the first one
Good morning. Well, that was fast. The U.S. government yesterday effectively eliminated the cap on Federal Deposit Insurance, telling depositors at Silicon Valley Bank and at another failed bank—Signa...
Top 3 stocks held by Warren Buffett’s hedge fund
Warren Buffett, the Oracle of Omaha, is one of the most respected investors in the world. His hedge fund, Berkshire Hathaway (NYSE: BRK.A), is known for its long-term approach to investing in high-qua...
【3/13話題】米サークルがUSDC準備金の安全性を発表、DMM BitcoinとコインブックのIEO日程など（音声ニュース） | あたらしい経済
ブロックチェーン・仮想通貨（暗号資産）・フィンテックについてのニュース解説を「あたらしい経済」編集部が、平日毎日ポッドキャストでお届けします。Apple Podcast、Spotify、Voicyなどで配信中。ぜひとも各サービスでチェンネルをフォロー（購読登録）して、日々の情報収集にお役立てください。 ポッドキャストで紹介したニュース 米サークルがUSDC準備金...
Ripple’s CEO assures stable financial state despite the collapse of Silicon Valley Bank
Brad Garlinghouse, CEO of Ripple Labs, reveals that the company has a part of funds in Silicon Valley Bank. This announcement was made through his Tweet on Sunday. The bank’s closure on Friday has led...
First Republic, Provention Bio, Roku, Illumina, Boeing, and More Market Movers
This copy is for your personal, non-commercial use only. To order presentation-ready copies for distribution to your colleagues, clients or customers visit http://www.djreprints.com. https://www.barro...
These 10 major companies disclosed exposure to collapsed Silicon Valley Bank
After the recent shutdown of Silicon Valley Bank (SVB) by the California Department of Financial Protection and Innovation, which has shaken the United States financial system, multiple large companie...
XAU/USD forms a shooting star pattern
Gold (XAU/USD) price has done well in the past few days as investors move to the safe haven. It jumped to a high of $1,894, the highest level since February 3. It has risen by ~3.95% from the lowest l...
European stocks slip in early trade after U.S. bank bailout package
European stocks declined in early action on Monday, while U.S. stock futures were pointing higher after a turbulent weekend which saw another major bank collapse and a new rescue package get announced...
What To Expect In The Tightest Premier League Relegation Battle In A Decade
Philip Billing of AFC Bournemouth scores against Liverpool during the Premier League match at … [+] Vitality Stadium on March 11, 2023. (Photo by Luke Walker/Getty Images) Getty Images With twel...
Massachusetts Bettors Get A Rude Introduction To Shoddy MLS Injury Reports
A minor injury made Carles Gil a surprise omission from the New England Revolution starting lineup … [+] on Sunday night, in the first Revolution game since mobile sports betting launched in Mas...
China’s New Premier Shows Pro-Business Side And Vows To Support Private Economy
China’s Premier Li Qiang speaks during a press conference after the closing session of the National People’s Congress (NPC) at the Great Hall of the People in Beijing on March 13, 2023. GR...
Ripple v. SEC court case update as of March 13, 2023
The cryptocurrency community is looking forward to the summary judgment in the legal case between Ripple and the Securities Exchange Commission (SEC), with the verdict speculated to come in by the end...
Radiant Capital to soon transition from V1 to V2
Radiant Capital has announced that it is soon transitioning from V1 to V2, enabling the venture to onboard the next hundred million users to the DeFi market. Decentralized Finance is eyeing to make a ...
Three key takeaways from the Silicon Valley Bank collapse
The collapse of Silicon Valley Bank (SVB) threatened to prompt a wider financial crisis and the authorities had no choice but to roll out emergency measures, says the CEO of the financial advisory org...
How this user-owned talent network is disrupting the staffing industry
People • March 13, 2023, 5:00AM EDT Episode 22 of Season 5 of The Scoop was recorded remotely with The Block’s Frank Chaparro and Freelance Labs Founder & CEO Adam Jackson. Listen belo...