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Credit Suisse Estimates $1.6B Loss After $88.3B Withdrawn in Bank Run
Credit Suisse is expecting a $1.6 billion loss in Q4 as investors continue to pull out investments and deposits from the bank at a rapid pace.
November 23, 2022
Silvergate’s SEN Transfers Down 41% to $112B In Q3 2022
Silvergate, the world’s leading crypto bank, recently released its Q3 statement showing good but worse-than-expected earnings.
October 18, 2022
Why Credit Suisse’s Valuation is Down $16B Since January
Executives have reassured employees of Credit Suisse's "strong capital base and liquidity position".
October 04, 2022
Three Countries Team Up With BIS to Test Cross-Border CBDCs Payments
The BIS is exploring ways to improve international payments using CBDCs in collaboration with Norway, Sweden, and Israel.
September 28, 2022
Buffett-Backed Nubank Attracts More Than 1.8M Users to its Crypto Platform
Nubank announced on Monday that its crypto exchange, launched just a few months ago, is one of its fastest-growing services.
September 26, 2022More from The Tokenist / Banking
Banks Unlikely to Finance Cryptos Which JP’s Dimon Likens to “Ponzi Schemes”
September 21, 2022
Prosecutors Say Archegos Lied to its Backers Prior to Collapse
August 19, 2022
Peter Schiff Agrees to Return $66.7M After Bank Goes Under
August 10, 2022