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Dubai regulator grants first crypto trading license to BitOasis

Congratulations to the team at crypto-trading specialist BitOasis who have just announced on their website that they've received the first Crypto trading license from...

Bank Albilad first Saudi bank to launch Open Banking services

Congratulations are in order for the team over at Bank Albilad who recently announced they have launched Open Banking services as per the specifications...

Markets and the economy survived a tough first quarter, but it’s not going to get any easier

The economy and stock market head into the second quarter facing both headwinds and tailwinds, with investors left to sort it all out after...

FDIC Completes SVB Deal by Exercising $500 Million in First Citizens Stock

Regulator Federal Deposit Insurance Corporation (FDIC) exercised its equity rights in First Citizens BancShares Inc and New York Community Bancorp Inc as part of...

First Republic Bank denies rumors of seeking a buyer

Embattled First Republic Bank is no longer searching for a buyer as investment advisors and company executives seek to repair the company’s balance sheet...

How First Citizens secured a $16.5 billion discount for Silicon Valley Bank takeover

Stocks of regional banks surged Monday after regulators announced a sale of Silicon Valley Bank's deposits and loans, an agreement that demonstrated how much...

The first bank crisis of the Twitter age’: How banks face different pressures than in 2008

Turbulence across the banking sector has prompted the question of whether we are teetering on the edge of another financial crash, 2008-style. But a...

US Considers Additional Bank Support, Grants First Republic Extension

US authorities are considering expanding an emergency lending facility for banks in ways that would give First Republic Bank more time to shore up...

Home Prices Record First Dip in 11 Years During February

U.S. existing-home prices fell from a year earlier in February for the first time in 11 years, as a dip in mortgage rates caused...

First Citizens emerges as possible suitor for Silicon Valley Bank

The Federal Deposit Insurance Corp. will decide on Sunday whether to pursue a full sale or breakup of Silicon Valley Bank. One financial institution that...

First Republic Bank headed for possible sale after institutional bailout

Many of the institutions involved in the bailout of the beleaguered First Republic Bank are also said to be looking to make a possible...

First Republic gets $30 billion rescue from biggest US banks

A group of the nation's biggest banks swooped in on Thursday afternoon to rescue First Republic Bank with a $30 billion deposit, a move...

Experts Attribute SVB Failure to First Bank Run Driven by Twitter

The massive amount of customer withdrawals that led to the collapse of Silicon Valley Bank had all the hallmarks of an old-fashioned bank run,...

First Republic shares jump 20% as regional banks try to rebound from Monday’s selloff

A First Republic Bank branch in New York, US, on Friday, March 10, 2023. Shares of First Republic were up sharply in early Tuesday trading...

Stripe employees get to sell $1bn of shares

Strategies for Upskilling Your Workforce in an AI-Driven Economy

Five Strategies for Enhancing Internal Communications in Banks

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