KPMG and Goldman Sachs sued over SVB failure by investors
KPMG LLP was sued as Silicon Valley Bank’s auditor, along with…
Banking
Binance US Struggles to Find Bank Willing to Hold Customer Funds - WSJ
The U.S. arm of cryptocurrency exchange Binance is struggling to find…
The US has many banks thanks to Thomas Jefferson, says expert
The U.S. has a lot of banks. So many, in fact,…
US bank lending sees steepest decline on record in late March
US bank lending contracted by the most on record in the last…
Seeking safety: Investors turn to Asian banks
The US-led banking turmoil is driving money into Asian assets, with…
ECB will keep raising interest rates, says Knot
The European Central Bank has to continue to raise borrowing costs, according…
China's Central Bank Increases Gold Reserves for the Fifth Consecutive Month
China boosted its gold reserves for a fifth straight month, extending efforts…
Kazakhstan Central Bank keeps key rate unchanged as inflation concerns linger
Kazakhstan kept borrowing costs unchanged for the third time this year and…
Central Europe's central bankers emphasize hawkish outlook for economies
Central bankers across central Europe have doubled down on their hawkish policy…
Greek Economy to Experience 2.2% Growth in 2023 with Cautionary Measures, States Cenbank Chief
Greece’s economy will grow by 2.2% in 2023, its central…
JPMorgan Chase CEO predicts challenging economic conditions ahead
The banking crisis caused by the recent collapse of Silicon Valley Bank…
Fed's emergency lending to banks decreases, yet stays at significant levels
Banks once again reduced their borrowings from two Federal Reserve backstop lending…