High levels of uninsured deposits helped do in Silicon Valley Bank and Signature Bank. But it turns out they’re not alone. X Ten banks owned by U.S.-listed financial companies — including Bank o...
Tag: report
Signature Bank Was Under Criminal Investigation Before Its Collapse: Report
Crypto-friendly Signature Bank was under criminal investigation by U.S. authorities over its anti-money laundering practices before its sudden collapse over the weekend, Bloomberg reported Wednesday, ...
Fed Mulling Stricter Rules And More Oversight For Midsize Banks After SVB Collapse, Report Says
Topline The Federal Reserve is considering a stricter set of rules to govern midsize banks which could see these entities face similar oversight as the largest banks in the country, the Wall Street Jo...
Signature Bank investigated for money laundering prior to demise: Report
The cryptocurrency-friendly Signature Bank was reportedly being investigated by two United States government bodies prior to its collapse. According to a March 15 Bloomberg report citing people famili...
DOJ and SEC to probe SVB collapse and insider stock sales: Report
The United States Justice Department and the Securities Exchange Commission (SEC) have reportedly launched inquiries into the sudden collapse of Silicon Valley Bank (SVB) — which was shuttered by regu...
US DOJ Begins a Probe Against Terraform Labs (Report)
The United States Department of Justice (DOJ) reportedly launched an investigation against Terraform Labs and its former employees to explore what led to the collapse of the project’s native token – L...
TikTok May Split With China-Based ByteDance To Avoid U.S. Ban, Report Says
Topline TikTok’s American leadership is exploring a potential split with Chinese parent company ByteDance as it comes under increasing scrutiny from lawmakers and regulators about the company’s links ...
Warren Drafts Bill To Reverse Trump-Era Bank Deregulations After SVB Collapse, Report Says
Topline Democratic lawmakers, including Sen. Elizabeth Warren (Mass.) and Rep. Katie Porter (Calif.), unveiled legislation Tuesday to repeal a set of Trump-era policies that loosened regulations on sm...
Signature Bank regulator says it was closed for not providing data: Report
The New York Department of Financial Services (NYDFS) shut down Signature Bank for “failing to provide consistent and reliable data” and not because of a bias against crypto, according to a March 14 r...
Bitcoin Smashes Past $26K as CPI Report Shows Inflation Held Steady in February
Bitcoin soared past $26,000, a price not seen since last Summer, on the back of the latest CPI print that showed inflation in the U.S. is still very much alive. The Consumer Price Index (CPI) rose 6...
The Block: Bitcoin mining report: March 14
Bitcoin mining stocks tracked by The Block were higher on Tuesday, with 15 gaining and the other four declining. Bitcoin rose 3.3% to $25,152 by market close. © 2023 The Block Crypto, Inc....
Short-sellers see max pain as crypto market pumps following inflation report
Crypto short-sellers saw massive liquidation in the past four hours as the market pumped on the back of inflation numbers remaining within expected bounds. CoinGlass data shows that more than 85% of t...
Forbes Launches New Research Arm, Shares Debut Report, “State Of Sustainability,” Offering Insights For Sustainable Prosperity
State of Sustainability Forbes NEW YORK – March 14, 2023 –Forbes today launches Forbes Research, a new division focused on original research on top global business trends. Building on the success of t...
SEC And DOJ Will Investigate Silicon Valley Bank’s Collapse, Report Says
Topline The Department of Justice and Securities and Exchange Commission will reportedly investigate the sudden failure of Silicon Valley Bank, which collapsed in dramatic fashion last week, the Wall ...
Federal Reserve To Pause Interest Rate Hikes This Month, Forecasts Banking Giant Goldman Sachs: Report
US financial titan Goldman Sachs reportedly believes that the Federal Reserve will not raise interest rates this month following the high-profile collapses in the banking sector. Goldman Sachs’ chief ...
SEC and DOJ Launch Probes Against Silicon Valley Bank: Report
Both the Securities and Exchange Commission (SEC) and Department of Justice (DOJ) are reportedly investigating the now-collapsed Silicon Valley Bank (SVB) after depositors to the bank were bailed out ...
Banks collapsing; stablecoins depegging — What is happening? Watch The Market Report live
This week on The Market Report, the resident experts at Cointelegraph discuss all the details regarding the latest bank collapse and the USD Coin (USDC) depeg. We kick things off with this week’s top ...
LTC Back Above $80, DOGE Extends Gains Following Inflation Report – Market Updates Bitcoin News
Litecoin rose by as much as 15% in Tuesday’s session, as markets reacted to the latest inflation report from the United States. Figures from the monthly Consumer Price Index showed that inflation has ...
3 takeaways from the February US CPI report
The story of the day for financial market participants comes from the United States. The February inflation report was released today – a critical piece of data ahead of next week’s Fed decision. It s...
Houbi Cut Ties With Signature Bank and Silvergate Before Their Collapse (Report)
Huobi had reportedly withdrawn all its assets from Signature and Silvergate Bank prior to their demise. However, numerous other platforms and crypto-related firms got burned from their existing expos...
USDC’s De-peg Did Not Influence ETH and BTC’s Prices: Report
Santiment tweeted its latest insights about the USDC fiasco. The report suggested that USDC’s de-peg was a result of artificial FUD. USDC has been able to keep its peg to the US Dollar over the last 2...
Protocols report exposure to the $197 million Euler Finance hack
Some malicious players hacked Euler Finance to steal $197 million funds in total. The hack was carried out in four different transactions for $177 million, with two more attacks that added to the conc...
Credit Suisse publishes delayed 2022 report after SEC talks end
Credit Suisse Group AG on Tuesday published its annual report for last year, and confirmed previous years’ financial results, after a delay amid discussions requested by the U.S. Securities and Exchan...
FDIC to attempt another auction of Silicon Valley Bank: Report
Silicon Valley Bank (SVB) could be returning to the auction block with United States regulators taking a second attempt at finding a buyer for the now-collapsed bank. According to a Mar. 13 report fr...
Banking Crisis Escalates Ahead Of CPI Inflation Report; Schwab In Focus
Dow Jones futures were higher ahead of Tuesday’s open, as the banking crisis continues to escalate, with two large bank failures in recent days — SVB Financial (SIVB) and Signature Bank (SBNY). ...
The Block: Bitcoin mining report: March 13
Bitcoin mining stocks tracked by The Block were mostly higher on Monday, with 18 gaining and one declining. Bitcoin rose 15.1% to $24,230 by market close. © 2023 The Block Crypto, Inc. All...
BlockFi in no immediate danger, despite Silicon Valley Bank exposure: Report
According to a lawyer representing the bankrupt crypto lender BlockFi Inc.,the company is in a stable financial position with access to ample cash reserves, despite having over $200 million in exposur...
Crypto Firms Report Funds Tied Up with Shuttered Signature Bank
On March 12, New York regulators and the United States Federal Deposit Insurance Corporation shut down Signature Bank, a crypto-friendly bank that had reportedly become a systemic risk to the US econo...
US regulators shut down Signature Bank despite ‘no insolvency’: Report
Barney Frank, a former member of the United States House of Representatives, has reportedly suggested New York regulators closed the crypto-friendly Signature Bank as part of a seeming show of force. ...
Shareholders file lawsuit against Silicon Valley Bank, alleging fraud: Report
A group of shareholders have reportedly filed a lawsuit against Silicon Valley Bank’s parent company and some of its executives amid the unfolding crisis. Multiple news outlets reported on March 13 th...