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Some US Banks Explore Venturing into Crypto with Joint Stablecoin: Report
Some of the largest banks in the US are exploring whether to team up to issue a joint stablecoin. JPMorgan Chase, Bank of America, Citigroup, Wells Fargo and other large commercial banks are reportedly part of the discussions.
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How Medical Resident's Blog Spurred 3rd Largest Bank Failure In US History
The best short call of 2023 wasn't made by a ruthless hedge fund, a well-known activist firm, or any of the liveliest voices on the sell side. It was made by a first-year medical resident running a blog named after a SpongeBob SquarePants character.
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Ransomware Attack On US Arm Of China's Largest Bank Disrupts Treasury Market
The US arm of China's largest bank said Thursday that it was hit by a ransomware attack, forcing clients to reroute trades and disrupting the US Treasury market.
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America's Largest Reptile Sanctuary Applies To Import Gharials From India
America's largest reptile bank based in Arizona has applied to the federal government to import six gharials and another equal number of mugger crocodiles from Tamil Nadu, which it says would help preserve these endangered species.
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US's Largest Banks Pledge $30 Billion To Avoid Another SVB-Like Collapse
A consortium of 11 US private banks, including Bank of America, Citigroup and JPMorgan Chase, announced they would deposit $30 billion into First Republic.
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How Washington Scrambled As Silicon Valley Bank Collapsed
The US government launched emergency measures on Sunday to shore up confidence in the banking system after the failure of Silicon Valley Bank, the largest bank collapse since the 2008 financial crisis.
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"Major Crisis" In Tech Industry: Israel PM On Silicon Valley Bank Collapse
Israeli Prime Minister Benjamin Netanyahu warned on Saturday that the implosion of Silicon Valley Bank (SVB), the second largest bank failure in US history, created a deep crisis in the technology industry.
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Silicon Valley Bank Collapse: What Happens To Customers' Deposits, Loans
The collapse of the Silicon Valley Bank, a key lender to US startups since the 1980s, has sent shockwaves in global markets. It is not only the largest bank failure since 2008, but also the second-largest failure ever for a retail bank in the US.
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Inside Asia's Largest Virus Bank In Wuhan, Now Investigated By US
Chinese scientists have said the virus likely jumped from an animal to humans in a market that sold wildlife in Wuhan, but the existence of the lab has fuelled conspiracy theories that the germ spread from the facility.
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2 Russians Used Largest Pieces Of Malware Ever, Stole Millions From Banks
U.S. and British law enforcement officials announced charges Thursday against two Russian nationals they believe responsible for separate global hacking schemes that deployed some of the largest pieces of malware ever seen to swipe tens of millions of dollars from the bank accounts of unsuspecting victims.
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Exploring Alternatives For Iranian Oil For "Our Friend India", Says US
With a tougher round of US sanctions on Iran coming into effect from November 4, a top Trump administration official said Washington recognises India's need for significant oil imports and is having conversations to ensure there are alternative supplies of the fuel "so that our friend India's economy is not adversely affected".
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Qatar Asks US To Investigate UAE Bank For 'Financial Warfare'
Qatar has asked US regulators to investigate the US subsidiary of the largest bank in the United Arab Emirates, accusing it of "bogus" foreign exchange deals designed to harm its economy as part of a blockade by Gulf neighbours.
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Big US Banks Unveil Consumer Payment App Zelle
To date, 19 financial institutions including eight of the largest US retail banks, have joined the Zelle Network, according to Early Warning.
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JPMorgan Chase Says It Is Building a Rival to Apple Pay
The largest US bank is the latest company to try to profit from the prevalence of smartphones.
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Stop Robocalls: US States Tell Phone Companies
The attorneys general of 44 U.S. states and Washington D.C. on Wednesday asked the country's largest phone companies to install technology that would allow consumers to block automated telemarketing calls, known as robocalls.
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Some US Banks Explore Venturing into Crypto with Joint Stablecoin: Report
Some of the largest banks in the US are exploring whether to team up to issue a joint stablecoin. JPMorgan Chase, Bank of America, Citigroup, Wells Fargo and other large commercial banks are reportedly part of the discussions.
-
How Medical Resident's Blog Spurred 3rd Largest Bank Failure In US History
The best short call of 2023 wasn't made by a ruthless hedge fund, a well-known activist firm, or any of the liveliest voices on the sell side. It was made by a first-year medical resident running a blog named after a SpongeBob SquarePants character.
-
Ransomware Attack On US Arm Of China's Largest Bank Disrupts Treasury Market
The US arm of China's largest bank said Thursday that it was hit by a ransomware attack, forcing clients to reroute trades and disrupting the US Treasury market.
-
America's Largest Reptile Sanctuary Applies To Import Gharials From India
America's largest reptile bank based in Arizona has applied to the federal government to import six gharials and another equal number of mugger crocodiles from Tamil Nadu, which it says would help preserve these endangered species.
-
US's Largest Banks Pledge $30 Billion To Avoid Another SVB-Like Collapse
A consortium of 11 US private banks, including Bank of America, Citigroup and JPMorgan Chase, announced they would deposit $30 billion into First Republic.
-
How Washington Scrambled As Silicon Valley Bank Collapsed
The US government launched emergency measures on Sunday to shore up confidence in the banking system after the failure of Silicon Valley Bank, the largest bank collapse since the 2008 financial crisis.
-
"Major Crisis" In Tech Industry: Israel PM On Silicon Valley Bank Collapse
Israeli Prime Minister Benjamin Netanyahu warned on Saturday that the implosion of Silicon Valley Bank (SVB), the second largest bank failure in US history, created a deep crisis in the technology industry.
-
Silicon Valley Bank Collapse: What Happens To Customers' Deposits, Loans
The collapse of the Silicon Valley Bank, a key lender to US startups since the 1980s, has sent shockwaves in global markets. It is not only the largest bank failure since 2008, but also the second-largest failure ever for a retail bank in the US.
-
Inside Asia's Largest Virus Bank In Wuhan, Now Investigated By US
Chinese scientists have said the virus likely jumped from an animal to humans in a market that sold wildlife in Wuhan, but the existence of the lab has fuelled conspiracy theories that the germ spread from the facility.
-
2 Russians Used Largest Pieces Of Malware Ever, Stole Millions From Banks
U.S. and British law enforcement officials announced charges Thursday against two Russian nationals they believe responsible for separate global hacking schemes that deployed some of the largest pieces of malware ever seen to swipe tens of millions of dollars from the bank accounts of unsuspecting victims.
-
Exploring Alternatives For Iranian Oil For "Our Friend India", Says US
With a tougher round of US sanctions on Iran coming into effect from November 4, a top Trump administration official said Washington recognises India's need for significant oil imports and is having conversations to ensure there are alternative supplies of the fuel "so that our friend India's economy is not adversely affected".
-
Qatar Asks US To Investigate UAE Bank For 'Financial Warfare'
Qatar has asked US regulators to investigate the US subsidiary of the largest bank in the United Arab Emirates, accusing it of "bogus" foreign exchange deals designed to harm its economy as part of a blockade by Gulf neighbours.
-
Big US Banks Unveil Consumer Payment App Zelle
To date, 19 financial institutions including eight of the largest US retail banks, have joined the Zelle Network, according to Early Warning.
-
JPMorgan Chase Says It Is Building a Rival to Apple Pay
The largest US bank is the latest company to try to profit from the prevalence of smartphones.
-
Stop Robocalls: US States Tell Phone Companies
The attorneys general of 44 U.S. states and Washington D.C. on Wednesday asked the country's largest phone companies to install technology that would allow consumers to block automated telemarketing calls, known as robocalls.
