FTX Seeks Court Permission to Sell $744 Million Worth of Assets A new bankruptcy court filing shows that FTX and its debtors are requesting permission to…
Swiss Authorities Considering Measures to Restrict Bank Withdrawals The Swiss National Bank and the Swiss Finance Ministry are reportedly discussing new measures to make it harder…
A BRICS Currency with Unique Attributes is Close to Launch, Says Former Russian Minister A former Russian minister, Sergey Glazyev, has stated in an interview that…
Federal Deposit Insurance Corporation Shuts Down Iowa Bank Due to Loan Losses The Federal Deposit Insurance Corporation (FDIC) has closed Citizens Bank in Sac City, Iowa…
Major US Banks Experience Outages and Customer Complaints Several major US banks, including JPMorgan Chase, Bank of America, US Bank, Wells Fargo, and Truist, are currently…
JPMorgan Chase Reveals Tens of Billions in Unrealized Bond Losses JPMorgan Chase has disclosed significant losses on securities, with around $40 billion in unrealized bond losses…
JPMorgan Chase Processes $1 Billion in JPM Coin Transactions Daily, Says Executive A top executive at JPMorgan Chase has revealed that the bank’s digital currency, JPM…
Concerns over Financial Stability Recent data from the Federal Reserve Economic Data (FRED) system reveals a significant decline in deposits in US banks, with $100 billion…
Bank of America Refuses to Reimburse Customer Despite Video Evidence of Theft A major US bank, Bank of America, has faced criticism after refusing to reimburse…
