Cryptocurrency exchange Binance temporarily halted deposits, withdrawals, and spot trading on its platform after identifying a bug in its matching engine.
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.
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.
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.
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.
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.
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 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.
Investors grow increasingly concerned as First Republic Bank's shares fall following reports of a private placement and an S&P credit rating downgrade.
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.