Asia Indexes Quiet Ahead Of Mega Earnings, U.S. Fed
Didi Stock Price Falling As China Considers Punitive Action
"China may impose penalties against Didi, including a fine that could be larger than that for Alibaba earlier in the year.
Quiet On Asia Indexes Asia On Covid, U.S. Fed Ahead
"MSCI's broadest index of Asia-Pacific shares slipped 0.6%, leaving it down 1.4% on the week so far.
Binance Suspends Deposits, Withdrawals, and Spot Trading Due to Matching Engine Glitch
Cryptocurrency exchange Binance temporarily halted deposits, withdrawals, and spot trading on its platform after identifying a bug in its matching engine.
Citizens Financial Group Contemplates Acquisition of SVB's Private Banking Division - Reuters
Citizens Financial Group Inc. is considering a proposal to acquire SVB Private, the private banking business of the failed Silicon Valley Bank, according to two sources familiar with the matter.
SEC Issues Warning to Coinbase Amid Escalating Crypto Industry Crackdown
The U.S. Securities and Exchange Commission (SEC) has sent a Wells notice to Coinbase Global Inc, indicating a potential enforcement action against the crypto exchange.
Celebrities Face SEC Charges for Undisclosed Crypto Promotion; Lindsay Lohan and Jake Paul Among Those Settling
The U.S. Securities and Exchange Commission (SEC) has charged eight celebrities, including Lindsay Lohan, Jake Paul, and Ne-Yo, with participating in an illegal cryptocurrency scheme.
Gold Poised to Reach Unprecedented Highs Amid Global Banking Instability
As global banks face challenges and the U.S. Federal Reserve prepares to make another interest rate decision, gold prices have the potential to break existing records and maintain those highs.
ECB's Lagarde Asserts Inflation Battle Continues as Euro Rises
The euro experienced an uptick against the U.S. dollar on Wednesday, driven by European Central Bank (ECB) President Christine Lagarde's statement that inflation remains excessively high.
Yellen Ensures Support for Banks as Situation Stabilizes, Highlights Commitment to Safe Banking System
In response to recent bank failures, US Treasury Secretary Janet Yellen has assured that the government is prepared to provide additional guarantees for deposits if necessary to prevent contagion and maintain stability in the banking system.
JPMorgan CEO Jamie Dimon Leads Rescue Plan Talks for First Republic Bank - WSJ
JPMorgan Chase & Co CEO Jamie Dimon is reportedly leading preliminary discussions on a rescue plan for First Republic Bank, according to sources cited by the Wall Street Journal.
First Republic Bank Shares Drop Amid Liquidity Concerns and S&P Credit Rating Downgrade
Investors grow increasingly concerned as First Republic Bank's shares fall following reports of a private placement and an S&P credit rating downgrade.
UBS Strikes $3.25 Billion Deal to Acquire Credit Suisse, Reinforcing Global Banking System
Swiss banking titan UBS enters a historic $3.25 billion agreement to purchase rival Credit Suisse, bolstering their standings within the global financial framework and paving the way for a substantial industry metamorphosis.