Banking giant Credit Suisse just pleaded guilty to conspiring to hide more than $4 billion from the U.S. Internal Revenue Service (IRS) …
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Bank
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Analysis
JPMorgan Chase Warns Stock Market Recovery May Fade As Bank of America Recommends ‘Cleanest Investment Play’ To Clients
by shayaanby shayaanJPMorgan Chase and Bank of America say the US stock market’s recovery will likely be short-lived. JPMorgan’s trading team believes that the …
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Analysis
JPMorgan Chase Warns Stock Market Recovery May Fade As Bank of America Recommends ‘Cleanest Investment Play’ To Clients
by shayaanby shayaanJPMorgan Chase and Bank of America say the US stock market’s recovery will likely be short-lived. JPMorgan’s trading team believes that the …
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Markets
‘Like Spitting on a Fire’: Tether CEO Slams EU Deposit Protections Amid Bank Failure Warnings
by shayaanby shayaanTether CEO Paolo Ardoino is sounding the alarm on Europe’s financial system, warning that a wave of bank failures could hit the …
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Markets
Gold-Backed Crypto Minting Volume Hits 3-Year High as Central Bank Buying Drops
by shayaanby shayaanThe gold market is seeing a shift in activity, with central bank buying slowing and demand from exchange-traded funds and gold-backed cryptocurrencies …
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Regulation
Singapore Gulf Bank launches clearing network for digital asset firms
by shayaanby shayaanSingapore Gulf Bank, a digital bank licensed by the Central Bank of Bahrain, launched a real-time currency clearing network designed to support …
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Adoption
Singapore Gulf Bank tackles global finance hurdles with crypto-focused SGB Net launch
by shayaanby shayaanSingapore Gulf Bank (SGB) has launched SGB Net, a real-time clearing network designed to power digital asset transactions for businesses across the …
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Regulation
SoFi CEO Says Bank To Bring Back Crypto Investing After Trump Triggers Shift in Regulatory Landscape: Report
by shayaanby shayaanThe head of a fintech giant SoFi says the firm is bringing back crypto banking thanks to the new presidential administration’s stance …
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Scams
Bank of Italy Warns of Systemic Crypto Risks, Concentration of Power Under Trump
by shayaanby shayaanIn brief Italy’s central bank is warning that crypto ties to traditional finance could spark market instability. It noted that Trump’s promotion …
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The Governor of the Bank of Ghana (BOG), Johnson Asiama, announced that the central bank plans to begin regulating cryptocurrency and related …