DeFi
Unstoppable Finance to Launch First “DeFi-Native” Bank in Europe
Unstoppable says its new stablecoin will be fully backed by reserves, in compliance with the MiCA legislation.
Total Stories
115
News
Banking
Section
Banking
Crypto
JPMorgan to Work With Indian Banks on Blockchain-Based USD Settlement Platform
The new blockchain-based system will allow interbank dollar settlements to be completed around the clock.
Banking
Bank of Canada Seeks Public Consultation on CBDC Design
Canada’s Central Bank is looking for public feedback on how to design its CBDC to best meet the needs of the people.
Banking
PacWest Leads Friday Bank Rally, Closes 81.70% In the Green
Despite Friday proving a day of major gains for regional banks, their shares failed to fully recover from this week’s losses.
Banking
Four US Bank Failures in Four Months, is the Wave Over?
With $229.1 billion in total assets at the time of closure, First Republic Bank has become the second-largest bank failure in American history.
Best Stocks
FRC Recovers in Premarket as Government and Advisers Explore Rescue Options
FRC's advisors and the US government are looking at private-section solutions.
Crypto
Raiffeisen Bank Unit Partners With Bitpanda to Offer Crypto Trading
Raiffeisen Bank becomes first traditional European bank to experiment with digital assets.
Banking
First Republic Closes 49% Down After Fears of Federal Receivership Emerge
On Tuesday, First Republic continued its freefall from Monday evening and ended the trading day nearly 50% in the red.
Best Stocks
First Republic Down 23% Premarket as Shareholder Sue Firm and Auditor
According to the lawsuit, KPMG and First Republic officials reiterated the health of the bank's business several times despite evident risks.
Banking
First Republic Down 20%+ After-Hours as Bank Reveals 40% Deposit Drop in Q1
After its situation seemingly stabilized, First Republic’s Q1 report again sent its stock price into a sharp decline erasing Monday’s gains.
FinTech
Could Apple’s High-Yield Savings Account Make US Banks Rethink?
Does Apple's cultural weight now exerts influence on personal finance expectations?
Best Stocks
Goldman Sachs Down 3% Premarket on Missed Earnings Report
Goldman Sachs reported better-than-expected Q1 2023 earnings, though profit was down compared to last year.
Market Analysis
With Declining Depoists, is Schwab’s Business Model at Risk?
Charles Schwab's downturn in deposits appears to be successfully compensated.