The unexpected demise of Signature Bank over the weekend, on the heels of the failure of Silicon Valley Bank, ignited a shoot-first-and-ask-questions-later reaction among regional-bank investors as cu...
Tag: megabanks
Bank of Japan will test digital yen with three megabanks
Even though Japan is undecided if it would develop a central bank digital currency, the Bank of Japan (BoJ) is continuing to test out a digital version of the yen. This is the case despite the fact th...
Bank of Japan to trial digital yen with three megabanks
Despite Japan’s uncertainty on whether to issue a central bank digital currency (CBDC), the Bank of Japan (BoJ) continues experimenting with a potential digital yen. The Japanese central bank has star...
Asia Earnings Week Ahead: Alibaba, Tencent, Japan’s Megabanks
(Bloomberg) — Asia’s key earnings may deliver a mixed bag this week, with Chinese retail giant Alibaba expected to widen its profit margin while Japan’s three biggest banks may be left nursing l...
Fed’s Secret Repo Loans to Megabanks in 2020 Eclipsed 2008 Bailouts, Data Dump Shows $48 Trillion in Stealth Funding – Bitcoin News
Following the controversial bank bailouts and Troubled Asset Relief Program (TARP) in 2008, reports show in late 2019 and 2020, the U.S. Federal Reserve participated in providing trillions of dollars ...