The embattled Silicon Valley Bank has just come under new ownership, at least in the United Kingdom. Per a filing on March 13, 2023, HSBC UK Bank plc, a subsidiary of the behemoth bank, announced that...
Tag: Branch
Bank of England halts Silicon Valley Bank UK branch operations
The Bank of England (BoE) has stopped the operations of Silicon Valley Bank’s United Kingdom branch (SVB U.K.), citing its limited presence and no critical functions supporting the financial system. O...
Silicon Valley Bank’s UK branch shut down by Bank of England
The Bank of England (BoE) has halted the operations of Silicon Valley Bank’s U.K. branch (SVB UK), stating that it has a “limited presence” and no “critical functions” supporting the financial system ...
Bank of England Shuts Down Silicon Valley Bank’s UK Branch After US Regulators Close Parent Company – Bitcoin News
After U.S. regulators shut down Silicon Valley Bank (SVB) on Friday, the Bank of England has closed the company’s U.K.-based arm. The central bank explained that it intends to place the subsidiary int...
USAF Extends Sponsorship As Sole Military Branch In NASCAR
TALLADEGA, ALABAMA – APRIL 23: Erik Jones, driver of the #43 U.S. Air Force Chevrolet, drives during … [+] qualifying for the NASCAR Cup Series GEICO 500 at Talladega Superspeedway on Apri...
What Companies Are Fueling The Progress In Natural Language Processing? Moving This Branch Of AI Past Translators And Speech-To-Text
AFP via Getty Images Key takeaways Natural language processing (NLP) is a subset of artificial intelligence that uses linguistics and machine learning models to allow computers to process human langua...
Islamic fintech Wahed opens physical bank branch in London
Islamic fintech startup Wahed has opened its first physical branch on Baker Street in London. The glossy retail location is designed to look like an Apple store. Wahed An investing platform backed by ...
Dogecoin Co-founder Hands Olive Branch to Cardano’s Charles Hoskinson
Alex Dovbnya Charles Hoskinson recently proposed Cardano-based solution for Dogecoin, but it did not resonate with community Input Output CEO Charles Hoskinson and Dogecoin co-founder Billy Markus hav...
SBF of FTX hands the olive branch to CZ of…
Sam Bankman-Fried has tweeted that he would love it if he and CZ could “work together for the ecosystem”. The SBF cryptocurrency empire is on the ropes right now amid allegations that it is mostly bui...
Santander’s UK Branch to ‘Protect Customers’ by Blocking Crypto Exchange Deposits
The latest bank to clamp down on crypto in the UK is Santander. Over the weekend, it was reported that the retail bank is planning to block real-time payments to crypto exchanges in 2023. The bank is ...
Hodlnaut Lost $190M from Hong Kong Branch in TerraUSD Wreck
A report from the interim judicial manager has uncovered that cryptocurrency lender Hodlnaut’s Hong Kong branch lost nearly $190 million during the collapse of the Terra/Luna digital token in Ma...
Uruguay’s executive branch proposes crypto regulation: El Observador
Uruguay’s executive branch has proposed a bill that would allow the country’s central bank to legally oversee virtual assets, local newspaper El Observador reported on September 8. The bill, pr...
Uruguay’s executive branch proposes crypto regulation –
Uruguay’s presidential branch has proposed a bill that would place the country’s national bank responsible for directing computerized resources The proposed guideline would likewise make changes to th...
Uruguay’s Executive Branch Proposes Crypto Bill for Central Bank to Regulate Virtual Assets
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Ripple opens Toronto branch, plans to hire hundreds if things go well
After announcing the launch of a new office and plans to employ 50 engineers in Toronto, Canada, in its statement on June 22, fintech and blockchain company Ripple Labs recently shared its intention t...
Oil CEOs Get Olive Branch From Granholm in Gas-Price Huddle
(Bloomberg) — The US energy chief struck a conciliatory tone in a high-stakes meeting with top oil executives to discuss soaring gasoline prices on Thursday, though the huddle yielded little pro...
SEC permanently revokes Huobi Thailand’s license: Branch to close by July
Huobi’s operations in Thailand have been halted, as the Thai SEC revoked the crypto platforms operations in May this year, making a permanent decision that will result in the permanent closure of Huob...
Alibaba’s Cloud Branch Launches Own NFT Service
Alibaba Cloud, provider of web cloud services and a subsidiary of the world’s largest online B2B trading platform, launches its own NFT solution. The platform offers digital entrepreneurs and cr...
FTX announces the launch of its Japanese branch 1
FTX has announced the launch of a branch of the company which is located in Japan. The company, which currently sits tightly in second place according to exchanges with market volume will open its doo...
Nike’s Web3 branch buys Ethereum Domain Name For $35K
Following the purchase of dotswoosh.eth for 19.72 ETH (about $35,000), RTFKT, Nike’s Web3 branch, now controls ten Ethereum Name Service (ENS) domains. “Artifact” is how RTFKT is pronounced. Carolyn D...
Admirals Appoints Sami Hamed as New CEO of Its Branch at Jordan
Sami Hamed has been appointed as the new Chief Executive Officer at Admirals on its branch in Jordan, Admiral Markets Jordan. The news was known via an update on LinkedIn. Prior to his new role at Adm...
FTX Launches a Regulated Branch in Europe and the Middle East
The Sam Bankman-Fried-led cryptocurrency exchange has received licensing from the Cyprus Financial Market Regulator (CySEC) to launch FTX Europe. The idea of the new venture is to enhance the company’...
CISI Appoints David Madgwick as New Essex Branch President
The Chartered Institute for Securities & Investment (CISI), a global professional body for Individuals who work in the investment and financial profession, has announced the appointment of David M...