Limited support for central bank digital currencies in global investment industry survey
By Marc Jones LONDON The most comprehensive survey of the global investment industry on central bank digital currencies
2023-07-26 08:29
Puerto Rican bank sues NY Fed for suspending account in Venezuela-linked crackdown
By Luc Cohen NEW YORK The New York Federal Reserve was sued on Tuesday by a Puerto Rican
2023-07-26 07:28
Purdue Pharma bankruptcy can proceed despite potential US Supreme Court appeal
By Dietrich Knauth NEW YORK OxyContin maker Purdue Pharma may proceed with a bankruptcy settlement that protects its
2023-07-26 05:54
Banc of California set to merge with rival PacWest
PacWest Bancorp is set to merge with Banc of California in a $400 million equity deal, according to a joint announcement the banks released Tuesday afternoon, ahead of their second-quarter earnings results.
2023-07-26 04:51
PacWest merges with Banc of California in all-stock deal
Banc of California and PacWest Bancorp on Tuesday announced an all-stock merger with a $400 million equity raise
2023-07-26 04:26
Banc of California in talks to buy PacWest Bancorp - WSJ
Banc of California is in advanced talks to buy PacWest Bancorp, the Wall Street Journal reported on Tuesday,
2023-07-26 02:57
Exclusive-US senators seek salary information from Fed's inspector general
By David Morgan and Costas Pitas WASHINGTON Republican Senator Rick Scott and Democrat Elizabeth Warren have asked for
2023-07-25 18:24
S&P lowers Bangladesh's outlook to negative from stable
S&P Global Ratings on Tuesday lowered Bangladesh's outlook to negative from stable, citing risks its external liquidity position
2023-07-25 12:50
FDIC Warns Banks After Errors in Reporting Uninsured Deposits
The Federal Deposit Insurance Corp. said some US banks incorrectly reported the amount of their uninsured deposits after
2023-07-25 06:58
SoftBank forms JV with Symbotic to build AI-powered warehouses, up its stake
By Zaheer Kachwala and Krystal Hu (Reuters) -SoftBank Group is forming a joint venture with warehouse automation company Symbotic to
2023-07-25 04:27
Canadian market participants see rates staying at 5% in 2023 -BoC survey
OTTAWA The Bank of Canada (BoC) will not raise rates again and will start cutting a little later
2023-07-25 00:20
Bank of England to check credibility of top banks' wind-down plans
By Huw Jones LONDON The Bank of England said on Monday it will check from October whether top
2023-07-24 23:46