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Nalezeno "AI in banking": 2779

Analysts Warn of More Bank Failures, Possible Recession and Global Repercussions Caused by First Republic Bank Collapse

3.5.2023
The recent takeover of First Republic Bank, the fourth U.S. bank to fail this year, has awakened concerns about the possible repercussions this new failure might have on U.S. and international economies. While United States President Joe Biden has assured the public that the banking system remains...

How can Bitcoin hold $28K amid the banking crisis?

2.5.2023
On this week’s episode of The Market Report, Cointelegraph’s resident expert discusses whether Bitcoin’s $28,000 support has a chance amid the recent banking crisis

Pacwest Stock Plummets Over 35% Following Release of Q1 Earnings Report Amidst Turmoil in Banking Industry

2.5.2023
Following the acquisition of First Republic Bank by JPMorgan Chase, several regional banks such as Pacwest and Western Alliance experienced a significant drop in their stock prices. On Tuesday afternoon, all four major U.S. benchmark stock indexes are in decline as regional bank stocks hit...

Bitcoin Drops Below $28K; JPMorgan Takes Over Embattled First Republic Bank

1.5.2023
BTC’s price had dropped from well above $29,000 since Sunday evening. Investors await Wednesday’s FOMC decision

Stabilizing the Banking System: Biden Reassures Public Amid First Republic Bank Collapse, but Warns of National Debt Default

1.5.2023
Amid the collapse of the second, third, and fourth largest banks in American history, U.S. president Joe Biden reassured the public that the country’s banking system remains sturdy. However, the president also acknowledged the “threat by the speaker of the House to default on...

Charlie Munger Raises Concerns Over Troubled Commercial Property Loans at US Banks

1.5.2023
Charlie Munger, the vice chairman of Berkshire Hathaway, stated in a recent interview that American banks are burdened with poor-quality commercial real estate loans. His comments arrive amid the collapse of three major U.S. banks and the expected seizure of First Republic Bank by the federal...

JPMorgan Chase Assumes Control of First Republic Bank Following Seizure by California Regulators

1.5.2023
On May 1, 2023, the California Department of Financial Protection and Innovation (DFPI) seized First Republic Bank, placing it into Federal Deposit Insurance Corporation (FDIC) receivership. According to reports, this move came after the bank’s financial troubles made it insolvent and unable...

Robert Kiyosaki Says Regional Banks Are Being Wiped Out — Calls Fed ‘Criminal’

1.5.2023
Rich Dad Poor Dad author Robert Kiyosaki says the Fed is wiping out regional banks by supporting only big banks, like JPMorgan Chase. Stating that the Fed “is criminal,” he warned that its actions “will bring down” the United States. Robert Kiyosaki Says the Fed Is Criminal The author of Rich...

Reports by Fed and FDIC Reveal Vulnerabilities Behind 2 Major US Bank Failures

29.4.2023
On Friday, Michael Barr, the vice chair for supervision at the U.S. Federal Reserve, published a report on the vulnerabilities that led to the ultimate failure of Silicon Valley Bank (SVB). In addition, Marshall Gentry, the chief risk officer of the Federal Deposit Insurance Corporation (FDIC)...

Almost 50 Russian Banks Accept Yuan Deposits Amid Low Demand for Dollar Accounts

29.4.2023
A growing number of banking institutions in Russia are offering customers the option to save in Chinese yuan. The trend coincides with declining demand for U.S. dollar and euro deposits amid currency restrictions that triggered a flight of funds to bank accounts abroad. Demand for Dollar, Euro...

Fed, NYDFS assess their supervisory performance after March’s big bank failures

28.4.2023
Internal reviews of the supervision of Silicon Valley Bank and Signature Bank have been released, showing weaknesses on the part of the banks’ regulators as well as management

US Government in Talks to Rescue Struggling First Republic Bank, Sources Say

28.4.2023
Sources have revealed that U.S. government officials are in talks to rescue First Republic Bank, a struggling financial institution. The discussions involve the U.S. Treasury, the Federal Deposit Insurance Corporation (FDIC), and the Federal Reserve, according to reports on Friday. Private-Sector...

Shiba Inu Price Prediction as New Neo-Banking App Adds Support for SHIB – Time to Buy?

28.4.2023
Shiba Inu (SHIB), the Ethereum blockchain-issued ERC-20 crypto token that powers the Shiba Inu web3 ecosystem, continues to struggle to gain traction, with prices remaining capped under the 200-Day Moving Average just above $0.000010. As a result, near-term price predictions remain...

Operation Choke Point 2.0 Is SEC's 'Chemotherapy' for $14B Ponzi Problem, BCB's CEO Says

28.4.2023
What happened to Custodia Bank is "tragic" under current administration's efforts to de-bank crypto industry, BCB's Oliver von Landsberg-Sadie said

Bank of America Strategist Predicts Gold Could Reach $2,500 per Ounce in 2023

28.4.2023
A Bank of America (BOFA) commodity strategist has postulated that gold, should it continue to flourish in 2023, could pave the way for a climb to $2,500 per ounce. Presently priced at $1,983 per unit, the precious metal remains just shy of the $2,000 threshold. However, if it were to achieve...

Hong Kong Regulator Reminds Local Banks There Is No Ban on Crypto Firms

28.4.2023
Crypto companies have complained that opening bank accounts in the jurisdiction is difficult

Former President Donald Trump Says US Dollar Is Crashing — Warns ‘We’re Very Close’ to World War III

28.4.2023
Donald Trump has warned that the U.S. dollar is crashing and soon will “no longer be the world standard.” The former president of the United States further warned that “we are very close” to a third world war happening. “Joe Biden has led us to the very brink of World...