Banking industry

On May 1st, Binance founder CZ spoke at AMA stating that the banking industry has existed for a long time, and as a result, banks have become increasingly inefficient. The failure

On May 1st, Binance founder CZ spoke at AMA stating that the banking industry has existed for a long time, and as a result, banks have become increasingly inefficient. The failure

On May 1st, sources familiar with the matter said that in a bidding competition held by US regulatory agencies on Sunday, banks such as PNC Financial Services Group, JPMorgan Chase

On May 1st, sources familiar with the matter said that in a bidding competition held by US regulatory agencies on Sunday, banks such as PNC Financial Services Group, JPMorgan Chase

On May 1st, sources familiar with the matter said that in a bidding competition held by US regulatory agencies on Sunday, banks such as PNC Financial Services Group, JPMorgan Chase

On April 30, it was reported that American regulators had asked all banks to give the best and final offer to acquire the First Republic, hoping that this would calm market sentime

On April 30, it was reported that American regulators had asked all banks to give the best and final offer to acquire the First Republic, hoping that this would calm market sentime

According to reports, insiders say that the Federal Deposit Insurance Corporation (FDIC) of the United States is preparing to take over First Republic Bank immediately on April 28t

According to reports, insiders say that the Federal Deposit Insurance Corporation (FDIC) of the United States is preparing to take over First Republic Bank immediately on April 28t

According to reports, the intraday decline of First Republic Bank has expanded to 43%, and trading has been suspended again.
First Republic Bank\’s intraday decline widened to 43% a

According to reports, Federal Reserve President Barkin expressed confidence in the current state of the banking industry, but did not want to announce that the potential pressure i

On April 16th, US Treasury Secretary Yellen stated in an interview that the policy actions taken by the US government to curb the systemic threat caused by the collapse of Silicon

According to reports, US Treasury Secretary Yellen stated that the internal turmoil in the banking industry last month did not derail the US from achieving a soft landing. She beli

According to reports, a spokesman for the Office of the French Financial Prosecutor said that investigators from France and Germany raided five banks, including Societe Generale, B

According to reports, people familiar with the matter said that First Citizens BancShares of the United States is in in-depth negotiations to acquire Silicon Valley Bank, and an ag

According to reports, Federal Reserve Chairman Powell: Participants believe that there will be no interest rate cuts this year. This year\’s interest rate cuts are not our basic exp

According to reports, JPMorgan Chase CEO Damon is leading discussions with CEOs of other large banks to take new measures to stabilize the troubled First Republic Bank. According t

According to reports, Andrew, the founder of Crypto KOL and Twitter marked X 3, disclosed on social media that with the help of the Federal Reserve and the Treasury, First Republic

According to reports, in the week before the collapse of three banks triggered global financial turmoil, deposits in the US banking industry had continued to decline. According to data released by the Federal Reserve on Friday, bank deposits decreased by $54.4 billion to $17.6 trillion in the week ended March 8. Deposits have fallen by about $500 billion from the peak set in April last year, exacerbating the pressure on the financial system. After the collapse of Silicon Valley banks and two other banks, the Federal Reserve’s weekly report on the funding situation of the US banking industry suddenly became a key data point for the market and economy. Some people worry that moving depositors’ deposits or seeking higher yield products may cause more banks to fall into trouble. Another worrying issue is that banks will tighten their lending standards while improving their financial situation, which will curb the momentum of economic growth. There have been signs of slowing credit…

It is reported that in the recent week, the US banking industry has borrowed a total of $164.8 billion from the Federal Reserve through two credit facility instruments, highlighting the increasing tension in funding after the collapse of banks in Silicon Valley. According to data released by the Federal Reserve, the amount of funds lent by the Federal Reserve through the discount window reached a record $152.85 billion in the week ended March 15, up from $4.58 billion in the previous week. The last record high was $111 billion set during the 2008 financial crisis. The data also shows that the Bank Term Funding Program launched by the Federal Reserve on Sunday lent a total of $11.9 billion. From these figures, it can be seen that the US banking system is still fragile and has not yet fully emerged from the plight of deposit funds moving after the collapse of Silicon Valley banks and Signature Bank. The balance of other…

On March 16, Cathie Wood, founder of Ark Invest, said on Twitter that the Federal Deposit Insurance Corporation and other institutions would prevent the United States from participating in the most important stage of the Internet revolution, and regulators were using cryptocurrency as a scapegoat for their own regulatory mistakes in the traditional banking industry. Cathie Wood: If cryptocurrency becomes the scapegoat for US policy mistakes, it will be transferred overseas Analysis based on this information:Cathie Wood, founder of Ark Invest, made a statement on March 16th that has created quite a stir in the cryptocurrency and financial industry. She claimed on Twitter that the United States is being prevented from participating in the most crucial stage of the internet revolution because of over-regulation and the use of cryptocurrency as a scapegoat for the traditional banking industry’s regulatory mistakes. Wood’s statement has led to various interpretations and debates. Some experts argue that her comment is controversial and might not accurately…

According to reports, Jeremy Allaire, co founder and CEO of Circle, recently accepted an interview with Bloomberg. Jeremy Allaire talked about the recent turmoil in the banking industry and its impact on USD Coin. Jeremy Allaire’s view that traditional banking systems need to be protected from encrypted assets is no longer valid. Jeremy Allaire believes that recent developments have proven that the situation has reversed and that its cryptographic entities need to be protected from the impact of traditional bank failures.   Circle co founder: $3.3 billion stranded at SVB will be fully recovered Analysis based on this information:Jeremy Allaire, co-founder and CEO of Circle, recently spoke with Bloomberg about the impact of the banking industry turmoil on USD Coin, a stablecoin backed by the US dollar. He shared his perspective that the traditional banking system can no longer protect itself from encrypted assets and that the tables have turned, calling for greater protection of cryptographic entities from the impact…

It is reported that the investment research institute of BlackRock, the world’s largest asset management company, said that although the pressure of the banking industry is weakening investor confidence and tightening the financial environment, the Federal Reserve will still need to continue to raise interest rates to cope with inflation. The agency said that the current development will not cause the Federal Reserve to suspend interest rate increase. The current environment is different from that in 2008, when all monetary policy levers were used to support the economy. BlackRock: Although the banking industry is under pressure, it is expected that the Federal Reserve will continue to tighten monetary policy Analysis based on this information:In a report released recently, the investment research institute of BlackRock, the world’s largest asset management company, stated that despite the pressure on investor confidence and the tightening of the financial environment plaguing the banking industry, the Federal Reserve must continue to raise interest rates to combat…

It is reported that US President Biden delivered a speech on the situation of the banking industry: the rapid action of the government should make Americans believe that the US banking system is safe. The Federal Deposit Insurance Corporation of the United States has controlled the assets of Signature Bank and Silicon Valley Bank. American taxpayers will not bear any losses, and the funds will come from the insurance fund. Congress and regulators will be required to strengthen bank regulatory rules. We will not stop here. We will take all necessary measures. We must prevent this from happening again. It is necessary to conduct comprehensive accounting for what happens in the bank. Biden: We have controlled the assets of signature banks and Silicon Valley banks, and will require the Congress and regulators to strengthen bank supervision rules Analysis based on this information:US President Joe Biden recently spoke about the state of the banking industry, clearly emphasizing the need for rapid…

It is reported that the Bank of London Group Co., Ltd. is considering acquiring the Bank of Silicon Valley UK Limited, according to Sky News, citing people fami

It is reported that most of the ETFs in the US stock market fell at the beginning of the session. The ETFs in regional banks fell by 5.3%, the ETFs in banking i