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Published on Jun 8, 2023

‘Will there be another bank run,' fear netizens after SEC charges Binance over misuse of clients’ funds

The US Securities and Exchange Commission (SEC) on Monday said that it has sued Binance and its CEO Changpeng Zhao (CZ) for allegedly artificially inflating trading volumes, diverting customer funds, failing to restrict US customers from its platform and …

Source: Business Today India - Uncategorized
Published on Jun 6, 2023

Bank run scare on CBK plan to issue digital currencies

Tuesday June 06 2023 Kenyan financial industry players, including banks, have warned that issuing a Central Bank Digital Currency (CBDC) may spark the collapse of an unspecified number of banks. FILE PHOTO | SHUTTERSTOCK Kenyan financial industry players, …

Source: Nation Africa Kenya - Uncategorized
Published on Jun 8, 2023

UK Banks Should Increase ‘Measly’ Interest Rates for Savers, MPs Say

(Bloomberg) -- Britain’s high street banks are taking advantage of savers by failing to pass on interest-rate increases to instant access deposits despite cranking up the cost of mortgages, the Treasury committee said. On Thursday, the panel described the …

Source: BNN Bloomberg - Neutral
Published on Jun 8, 2023

Now might be a good time to consider quitting crypto

For a long time, the crypto industry has been a Wild West with few regulations and laws governing it — a fact that many crypto enthusiasts saw as a feature, not a bug. Unlike registered securities — as in, stocks — cryptocurrencies and crypto exchanges …

Source: Vox - Left-wing
Published on Jun 7, 2023

Binance Moved Billions Through Two U.S. Banks, Regulators Say

Binance, the giant cryptocurrency exchange accused of mishandling customer funds, used two American banks to move billions of dollars around the world, the Securities and Exchange Commission said on Wednesday, detailing how huge sums of cash flowed in and …

Source: The New York Times - Neutral
Published on Jun 8, 2023

Huw van Steenis suggests how digital bank runs can be prevented

In his book “The Best Way to Rob a Bank is to Own One" Bill Black argues that the 1980s savings-and-loan (S&L) crisis in America was exacerbated by three Ds: “deregulation, de-supervision and de facto decriminalisation". The failures of …

Source: Mint - Neutral
Published on Jun 1, 2023

Swiss National Bank Concerned by Pace of Bank Run

Swiss National Bank chair Thomas Jordan, shared how he experienced the days ahead of the Credit Suisse takeover announcement and said why rates are not a risk to financial stability in the country. The pace of the bank withdrawals which led to the bank…

Source: finews.com - Neutral
Published on Jun 8, 2023

Bitcoin’s bounce from turbulence sparked by SEC suits could signal more gains

A bout of Bitcoin turbulence caused by US Securities and Exchange Commission lawsuits against key crypto exchanges may be a precursor to short-term gains in the token, if history is any guide. For the latest headlines, follow our Google News channel online …

Source: Al Arabiya English - Pro-Government
Published on Jun 8, 2023

Coinbase CEO Brian Armstrong stands firm amidst SEC lawsuit, staking services to continue

Coinbase, the largest cryptocurrency exchange in the United States, remains undeterred by the recent lawsuit filed against it by the Securities and Exchange Commission (SEC). The company’s CEO, Brian Armstrong, assured investors and users that the legal …

Source: Cryptopolitan - Neutral
Published on Jun 7, 2023

God, Man, and George Bailey: The Theological Anthropology of It’s a Wonderful Life

I am happy to be contributing a chapter to a forthcoming book on faith and film, edited by political scientists Carson Holloway (University of Nebraska, Omaha) and Micah Watson (Calvin University). Entitled “God, Man, and George Bailey: The Theological …

Source: Patheos - Uncategorized
Published on Jun 8, 2023

Bitcoin’s rollercoaster ride: SEC lawsuits rattle crypto exchanges, but history hints at potential gains ahead

In another twist in the cryptocurrency market, Bitcoin faces a bout of turbulence triggered by US Securities and Exchange Commission lawsuits against key crypto exchanges. Will history repeat itself, leading to short-term gains for the token? Dive into the …

Source: Politicsweb - Right-wing
Published on Jun 8, 2023

Coinbase CEO Armstrong Says Not Shutting Down Staking Service

Armstrong insisted Coinbase would not be at risk of a bank-run-like rush of withdrawals similar to those some of its peers have suffered. “All the funds are backed one-to-one, and you don't have to take our word for it,” Armstrong said. “As a public …

Source: CoinDesk - Neutral
Published on Jun 8, 2023

Advice for surviving tough economic times, from a bloke who started his own bank

Burnley labourer turned financial figurehead Dave Fishwick appears to have the Midas touch. So what does he have to say to New Zealanders? No, Dave Fishwick doesn’t want to sit across the table from me. He can’t be bothered faffing about with coffees. We’ …

Source: The Spinoff - Left-wing
Published on Jun 8, 2023

SHAREHOLDER ALERT: Pomerantz Law Firm Investigates Claims On Behalf of Investors of First Republic Bank - FRCB

NEW YORK, June 07, 2023 (GLOBE NEWSWIRE) -- Pomerantz LLP is investigating claims on behalf of investors of First Republic Bank (“First Republic” or the “Company”) (OTC: FRCB). Such investors are advised to contact Robert S. Willoughby at newaction@pomlaw. …

Distribution channels: Consumer Goods, Law ...
Published on Jun 7, 2023

Binance.US addresses SEC motion amid assets freeze concerns

Cryptocurrency exchange Binance.US has moved to reassure its users after the U.S. Securities and Exchange Commission (SEC) filed an emergency motion seeking to freeze its assets. In a recent tweet, Binance.US emphasized that user assets remain secure and …

Source: Cryptopolitan - Neutral
Published on Jun 7, 2023

Terra Luna Classic Price Prediction as LUNC Pumps Up 12% – Can LUNC Reach $1?

LUNC/USD Chart / Source: TradingViewTerra Luna Classic (LUNC), the cryptocurrency which powers the original Terra blockchain that experienced catastrophe after its associated algorithmic “stablecoin” UST lost its 1:1 per to the US dollar last May, …

Source: Cryptonews - Neutral
Published on Jun 7, 2023

Philippines Postpones Crypto Rules Release to Study FTX Fiasco

The Philippines may have to wait longer to have proper cryptocurrency regulations after the country's financial regulator postponed the release of a legal framework for the industry. According to a local media report, Emilio Aquino, the Chairman of the …

Source: Forex Magnates - Label Pending
Published on Jun 7, 2023

History suggests bitcoin is poised for a big rally

A bout of bitcoin turbulence caused by US Securities and Exchange Commission lawsuits against key crypto exchanges may be a precursor to short-term gains in the token, if history is any guide. The largest digital asset sank more than 5% on Monday, before …

Source: TechCentral - Neutral
Published on Jun 7, 2023

Brands that get caught up in the culture wars don’t know themselves–or their customers

Since March Madness, Bud Light, owned by Anheuser-Busch, has been mired in controversy over its partnership with transgender influencer Dylan Mulvaney. Usually, social commentary fades after 48 hours. However, Bud Light experienced an unexpected escalation …

Source: Fortune - Neutral

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Published on June 8, 2023 - 14:28 GMT

Banking Cloud Services Market : Payments, Customer Channel Management, Processing Services, Risk Management | 2032

Banking Cloud Services Market : Payments, Customer Channel Management, Processing Services, Risk Management | 2032 PORTLAND, UNITED STATES, UNITED STATES, June 8, 2023 /⁨EINPresswire.com⁩/ -- The global demand for banking cloud services is …

Distribution channels: Banking, Finance & Investment Industry, Insurance Industry ...
Published on June 9, 2023 - 10:11 GMT

SCOR pays tribute to its Chairman Denis Kessler

Press Release June 9, 2023 - N° 13 SCOR pays tribute to its Chairman Denis Kessler It is with great sadness that we have learned of the passing of Denis Kessler on June 9, 2023, at the age of 71. An economist and an iconic figure of the insurance and …

Distribution channels: Insurance Industry, Media, Advertising & PR ...

Published on June 9, 2023 - 06:54 GMT

Prime Number Capital LLC Initiates Coverage on XIAO-I Corporation (NASDAQ:AIXI)

NEW YORK, June 09, 2023 (GLOBE NEWSWIRE) -- Prime Number Capital LLC initiated coverage of XIAO-I Corporation (NASDAQ: AIXI). The research report by the analyst at Prime Number Capital LLC based on the target price and current market conditions. XIAO-I …

Distribution channels: Banking, Finance & Investment Industry ...
Published on June 8, 2023 - 07:42 GMT

Banks advised to pay attention to liquidity when large savings mature

VIETNAM, June 7 - HÀ NỘI — Banks will have to exercise caution to ensure stable liquidity when trillions of Vietnamese đồng in savings deposits reach their maturity dates over the next few months, according to experts. During the period of high interest …

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Published on June 7, 2023 - 10:28 GMT

iGCB launches Open Finance enabled Retail banking platform built on eMACH.ai to revolutionise the RetailBanking industry

The Open Finance enabled Retail Banking Platform comes with a country-ready marketplace for Retail Banks AMSTERDAM, NETHERLANDS, June 7, 2023 /⁨EINPresswire.com⁩/ -- Intellect Global Consumer Banking (iGCB), the consumer banking arm of Intellect …

Distribution channels: Banking, Finance & Investment Industry, Business & Economy ...
Published on June 7, 2023 - 20:37 GMT

Ruth Turkington Joins Fidelity Bank as EVP, Chief Consumer Banking Officer

SCRANTON, Pa., June 07, 2023 (GLOBE NEWSWIRE) -- Daniel J. Santaniello, President and Chief Executive Officer of Fidelity Bank, is pleased to announce that Ruth Turkington has joined Fidelity Bank’s Executive Management Team as Executive Vice President, …

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Published on June 7, 2023 - 09:45 GMT

Fintech thirdstream’s onboarding platform now serves over 50 Canadian banks, credit unions and trust companies

platform ecosystem provides advanced identity verification capabilities in an ecosystem that delivers deposit account opening and consumer lending experiences. LETHBRIDGE, AB, CANADA, June 7, 2023 /⁨EINPresswire.com⁩/ -- Thirdstream's next …

Distribution channels: Banking, Finance & Investment Industry, Companies ...
Published on June 8, 2023 - 12:08 GMT

Ausable Funds to Participate in Veterans Florida Expo 2023

Veteran-owned mutual fund firm will meet with veterans seeking new career opportunities and executives focused on Defense, Aerospace, Banking, and Technology TAMPA, FLORIDA, USA, June 8, 2023 /⁨EINPresswire.com⁩/ -- Ausable Funds International, …

Distribution channels: Aviation & Aerospace Industry, Banking, Finance & Investment Industry ...

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Published on June 9, 2023 - 10:41 GMT

CMTrading Launches Best in Africa Campaign

JOHANNESBURG, GAUTENG, SOUTH AFRICA, June 9, 2023 /⁨EINPresswire.com⁩/ -- CMTrading is pleased to announce the launch of its 'Best In Africa' campaign, featuring the accomplished fighter Dricus "Stillknocks" du Plessis as the …

Distribution channels: Amusement, Gaming & Casino, Banking, Finance & Investment Industry ...
Published on June 9, 2023 - 09:45 GMT

American Swiss Foundation and American Enterprise Institute Co-Host State of U.S.-Swiss Relations with Sen. Rob Portman

WASHINGTON, D.C., UNITED STATES OF AMERICA, June 9, 2023 /⁨EINPresswire.com⁩/ -- On June 6th, in collaboration with the American Enterprise Institute, the American Swiss Foundation co-hosted "The State of U.S.-Swiss Relations," featuring …

Distribution channels: Banking, Finance & Investment Industry, Business & Economy ...
Published on June 9, 2023 - 08:16 GMT

For another year, Fibank was a winner at the Company of the Year awards

SOFIA, BULGARIA, June 9, 2023 /⁨EINPresswire.com⁩/ -- Fibank (First Investment Bank) received two prestigious awards at the Company of the Year ceremony. The largest Bulgarian-owned bank won in the "Bank of the Year" and "Employer …

Distribution channels: Banking, Finance & Investment Industry, Business & Economy ...
Published on June 9, 2023 - 07:00 GMT

American IRA Explains How to Choose a Self-Directed IRA Administration Firm

What are the keys for investors who need to choose a Self-Directed IRA administration firm? American IRA recently weighed in. ASHEVILLE, NORTH CAROLINA, USA, June 9, 2023 /⁨EINPresswire.com⁩/ -- Investing in alternative assets with a retirement …

Distribution channels: Banking, Finance & Investment Industry, Business & Economy ...
Published on June 9, 2023 - 05:51 GMT

Your Home Sold Guaranteed Realty Announces Red-Carpet Book Launch Party for The Ultimate Real Estate Books

ROSEMEAD, CA, UNITED STATES, June 8, 2023 /⁨EINPresswire.com⁩/ -- Your Home Sold Guaranteed Realty, a leading authority in real estate education and resources, is delighted to announce an exclusive red-carpet book launch party for its highly …

Distribution channels: Banking, Finance & Investment Industry, Business & Economy ...
Published on June 9, 2023 - 05:38 GMT

Anthony Segil & Phil Zaikovatyy Enter The Best-Seller List On Amazon With "Real Estate - How to Profit From ADU's"

Anthony Segil and Phil Zaikovatyy are Real Estate Magnets, Thought Leaders, Entrepreneurs, Philanthropists, and Authors. LOS ANGELES, CALIFORNIA, UNITED STATES, June 9, 2023 /⁨EINPresswire.com⁩/ -- Written by Anthony Segil and Phil Zaikovatyy, …

Distribution channels: Banking, Finance & Investment Industry, Book Publishing Industry ...
Published on June 9, 2023 - 05:36 GMT

United Claims Professionals Launches to Revolutionize the Insurance Claims Process

DOVER, DELAWARE, UNITED STATES, June 9, 2023 /⁨EINPresswire.com⁩/ -- United Claims Professionals, a groundbreaking organization, has officially launched with a mission to transform the insurance claims process. United Claims Professionals is …

Distribution channels: Banking, Finance & Investment Industry, Business & Economy ...
Published on June 8, 2023 - 23:35 GMT

Delcin Consulting Group, in honor of its ancestral heritage, waives business filing fees for the month of June

During National Immigrant Heritage Month, Catherine Delcin honors her father, Yllorius Delcin. WALNUT CREEK, CALIFORNIA, UNITED STATES, June 8, 2023 /⁨EINPresswire.com⁩/ -- The United States, known as the land of opportunity, has a rich history …

Distribution channels: Banking, Finance & Investment Industry, Business & Economy ...
Published on June 8, 2023 - 23:20 GMT

Green Matters Technologies Announces The Appointment Of Tamas Jozsa As Chief Innovation Officer

In his new role as CINO, Tamas will continue to work closely with CEO Michael Caetano in developing the Company's strategic technological advancements. LANGLEY, BC, CANADA, June 8, 2023 /⁨EINPresswire.com⁩/ -- Thursday, 8th of June 2023: Green …

Distribution channels: Banking, Finance & Investment Industry, Energy Industry ...
Published on June 8, 2023 - 22:39 GMT

A Disruptive New Biotech VC Fund is Here: Founded by Two Dynamic Young Ambitious Minority-Women Entrepreneurs

LemVega Capital™ launches Biotech Venture Fund III, aimed at fostering growth in early-stage, transformative biotech startups globally. SAN JUAN, PUERTO RICO, UNITED STATES, June 8, 2023 /⁨EINPresswire.com⁩/ -- SAN JUAN, PR – June 8, 2023 – …

Distribution channels: Banking, Finance & Investment Industry, Business & Economy ...
Published on June 8, 2023 - 22:27 GMT

ADVANCE METALS US BASED CHIEF EXECUTIVE OFFICER APPOINTED

Advance Metals Limited (ASX:AVM) SYDNEY, AUSTRALIA, June 8, 2023 /⁨EINPresswire.com⁩/ -- Advance Metals Limited (ASX: AVM) is pleased to announce the appointment of Frank Bennett as Chief Executive Officer. Frank is a seasoned mining executive …

Distribution channels: Banking, Finance & Investment Industry, Business & Economy ...
Published on June 8, 2023 - 22:00 GMT

Beforepay named 2023 Ethical Lender of the Year in Global Pan Finance Awards

Ethical-lending fintech Beforepay (ASX:B4P) has been named 2023 Ethical Lender of the Year by Pan Finance, the London-based financial publication. Beforepay Group Limited (ASX:B4P) SYDNEY, NSW, AUSTRALIA, June 9, 2023 /⁨EINPresswire.com⁩/ -- …

Distribution channels: Banking, Finance & Investment Industry, Business & Economy ...
Published on June 8, 2023 - 21:34 GMT

Fraser Allport, Fiduciary and National Social Security Advisor ® offers Complimentary Social Security Planner

Fraser Allport, Fiduciary and National Social Security Advisor ® offers Complimentary Social Security Planner DAYTONA BEACH SHORES, FL, UNITED STATES, June 8, 2023 /⁨EINPresswire.com⁩/ -- Fraser Allport is a Fiduciary, Certified Estate Planner ™, …

Distribution channels: Banking, Finance & Investment Industry, Business & Economy ...
Published on June 9, 2023 - 09:15 GMT

Announcement of Currency Exchange Option

VEON Holdings B.V. Announcement of Currency Exchange Option Amsterdam, 9 June 2023 – VEON Ltd. (NASDAQ: VEON, Euronext Amsterdam: VEON), a global digital operator that provides converged connectivity and online services, today provides some further details …

Distribution channels: Banking, Finance & Investment Industry, Media, Advertising & PR ...
Published on June 8, 2023 - 21:11 GMT

Infrrd Named a Major Contender for the Fourth Time in Everest Group’s Intelligent Document Processing PEAK Matrix® 2023

SAN JOSE, CA, UNITED STATES, June 8, 2023 /⁨EINPresswire.com⁩/ -- Infrrd, a trailblazer in structured and unstructured document processing technology, proudly announces its recognition as a Major Contender in Everest Group's Intelligent …

Distribution channels: Banking, Finance & Investment Industry, IT Industry ...
Published on June 8, 2023 - 20:33 GMT

New Fraudulent Behavior Detection System Launched to Enhance Security and Productivity

Signzy is proud to announce the granting of a new patent for its revolutionary method and system for identifying and preventing fraud. WARRENVILLE, ILLINOIS, UNITED STATES, June 8, 2023 /⁨EINPresswire.com⁩/ -- Signzy, a leading provider of …

Distribution channels: Banking, Finance & Investment Industry ...
Published on June 8, 2023 - 19:56 GMT

Western Alliance Bancorp Large Shareholders: KlaymanToskes Has Recovery Options

Investors with Large Positions May Pursue Arbitration Against the Brokers/Advisors That Managed Western Alliance Holdings Western Alliance Bancorporation (NYSE:WAL) NEW YORK, NEW YORK, UNITED STATES, June 8, 2023 /⁨EINPresswire.com⁩/ -- …

Distribution channels: Banking, Finance & Investment Industry, Business & Economy ...
Published on June 8, 2023 - 19:55 GMT

Zions Bancorp Large Shareholders: KlaymanToskes Has Recovery Options

Investors with Large Positions May Pursue Arbitration Against the Brokers/Advisors That Managed Zions Bancorporation Holdings Zions Bancorporation (NASDAQ:ZION) NEW YORK, NEW YORK, UNITED STATES, June 8, 2023 /⁨EINPresswire.com⁩/ -- National …

Distribution channels: Banking, Finance & Investment Industry, Business & Economy ...
Published on June 9, 2023 - 07:45 GMT

Flash News: OKX Enables Deposits for Suiswap Ahead of SSWP/USDT Spot Listing

DUBAI, United Arab Emirates, June 09, 2023 (GLOBE NEWSWIRE) -- OKX, the second-largest crypto exchange by trading volume and a leading Web3 technology company, has issued updates for the day of June 9, 2023. OKX Enables Deposits for Suiswap Ahead of SSWP…

Distribution channels: Banking, Finance & Investment Industry, Media, Advertising & PR ...
Published on June 8, 2023 - 19:42 GMT

KeyCorp/KeyBank Large Shareholders: KlaymanToskes Has Recovery Options

Investors with Large Positions May Pursue Arbitration Against the Brokers/Advisors That Managed KeyCorp Holdings KeyCorp (NYSE:KEY) NEW YORK, NEW YORK, UNITED STATES, June 8, 2023 /⁨EINPresswire.com⁩/ -- National investment loss lawyers …

Distribution channels: Banking, Finance & Investment Industry, Business & Economy ...