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Moody's announces a number of regional bank downgrades
Moody's came out with a slew of downgrades in a number of financial institutions. It will be curious to see the impact in the KRE regional bank index ...
August 8, 2023, 12:17 am
Paypal to launch stablecoin backed by us dollar deposits and t-bills
PayPal, one of the biggest fintech companies in the world, is rolling out a stablecoin backed by US dollar dep...
August 7, 2023, 10:21 pm
Paypal launches stablecoin
PayPal USD has launched a stablecoin PYUSD. The coin is is issued by Paxos Trust Co and fully backed by US dollar deposits, short-term Treasuries and ...
August 7, 2023, 1:15 pm
Why western alliance bancorp stock surged 42% in july
Western Alliance plummeted during the banking meltdown in March, but it had been on more solid footing than most. The second quarter showed gains in d...
August 7, 2023, 11:05 am
Paypal launches pyusd stablecoin for payments and transfers
PayPal is rolling out a stablecoin for payments and transfers, the company announced on Monday. PayPal USD (PYUSD) is issued by Paxos Trust Company an...
August 7, 2023, 9:54 am
Natwest in farage crosshairs again this time over cash limits
Nigel Farage has taken aim at Natwest again, this time over the new measures from the bank itself the authority to impose limits on cash ...
August 7, 2023, 8:36 am
Snb total sight deposits w.e. 4 august chf 492.9 bn vs chf 490.1 bn prior
Domestic sight deposits CHF 477.4 bn vs CHF 479.3 bn priorAfter the Credit Suisse fiasco, Swiss sight <...
August 7, 2023, 8:00 am
Newtekone: q2 2023 updates, valuation redo, reiterate buy
NewtekOne's deposit growth is exceeding forecasts - the bank could reach $1 billion in deposits by Q2 2...
August 7, 2023, 2:36 am
Wells fargo says missing deposits glitch is resolved
The Wells Fargo glitch that made some customers' direct deposits disappear from their bank accounts is ...
August 5, 2023, 5:29 pm
Corebridge (crbg) q2 earnings top on premium growth, rise y/y
Corebridge's (CRBG) second-quarter results benefit from growing premiums, deposits and net investment i...
August 4, 2023, 3:03 pm
Customers report missing deposits from wells fargo bank accounts
Wells Fargo is dealing with a technical issue that has resulted in customers reporting that their direct depos...
August 3, 2023, 8:31 pm
Apple card saving accounts offered by goldman sachs cross $10 billion in deposits
With its high yields and the ubiquity of iPhones, Apple's savings account has attracted over $10 billion in de...
August 3, 2023, 11:30 am
Apple savings account racks up $10 billion in deposits since april debut
Apple Inc. has amassed upwards of $10 billion in deposits for its savings account since launching the p...
August 2, 2023, 4:24 pm
Lumina gold starts drilling at cangrejos gold-copper project in ecuador
Lumina Gold Corp (TSX-V:LUM, OTCQX:LMGDF) said it has started drilling at its Cangrejos gold-copper project in southwest Ecuador. The Vancouver-based...
August 2, 2023, 8:16 am
Washington trust: no future dividend cuts likely
Washington Trust still sells at a discount. Despite a higher payout ratio than normal, WASH will continue to manage its costs and maintain its dividen...
August 1, 2023, 7:14 pm
Will higher benefits affect corebridge's (crbg) q2 earnings?
Corebridge's (CRBG) second-quarter results are likely to reflect increasing premiums and deposits and b...
August 1, 2023, 1:26 pm
Preferred bank: great growth from an interesting niche
Preferred Bank has shown resilience in the face of banking industry concerns and is now down only 6.5% from its pre-panic levels. The bank has experie...
July 31, 2023, 1:47 pm
Sofi beats estimates, raises outlook on loan volumes and deposits
Shares of SoFi Technologies skyrocketed as the online bank posted better-than-expected results on strong loan demand and deposits....
July 31, 2023, 11:50 am
Kraken fixes ethereum funding gateway issues
The cryptocurrency exchange Kraken has reportedly solved an issue with its funding gateway for Ethereum, which caused a delay in ...
July 31, 2023, 11:27 am
European markets marginally lower ahead of inflation data
London -0.28% Germany -0.13% Germany retail sales drop 1.6% in June, better than consensusFrance -0.01%.SNB total sight ...
July 31, 2023, 8:59 am