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Singapore-based Whampoa Group plans to establish a digital bank in Bahrain.The bank aims to offer a wide range of services, including trading of digital...
(Bloomberg) -- The fastest pace of rate hikes by the Federal Reserve in decades combined with negative social media sentiment contributed to the failure of SVB Financial Group’s Silicon Valley Bank,...
The parent company of the collapsed Silvergate Bank will be delisted from the New York Stock Exchange, and 230 of its staff will be let go, Silvergate Capital (NYSE:SI) has disclosed. In a May 11...
The New York Stock Exchange (“NYSE”) announced today that the staff of NYSE Regulation has determined to commence proceedings to delist the two securities enumerated below (“Securities”) of Silvergate...
Silvergate Capital (SI) disclosed: Beginning on May 12, 2023, Silvergate Capital Corporation (the “Company”) will undertake additional reductions in headcount, which reductions will ultimately reduce...
Silvergate Capital (SI) Halted, News Pending
(Reuters) - JPMorgan Chase & Co is buying most of First Republic Bank (NYSE:FRC)'s assets, which had been seized by United States regulators, in a last-ditch rescue for the strained lender, marking...
(This April 19 story has been corrected to fix the name of Banxa U.S. CEO to Richard Mico, not Ricardo Mico, in paragraph 24) By Elizabeth Howcroft and Hannah Lang LONDON (Reuters) - Crypto firms...
By Elizabeth Howcroft and Hannah Lang LONDON (Reuters) - Crypto firms have been left scrambling to find banking partners after the collapse of three crypto-friendly lenders in the U.S. last month,...
(Bloomberg) -- The financial stresses stemming from the failure of two American banks last month seem to be subsiding, President Joe Biden’s top economic policy adviser said. “There’s good reason to...
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