SVB Financial Sues FDIC To Recover $1.9 Billion
The US Federal Deposit Insurance Corporation (FDIC) has been sued by SVB Financial Group in an effort to recoup $1.9
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Banking
Nigel Farage Claims Bank Accounts Closed Without Explanation, Fears Forced Exit from UK
Nigel Farage, the former leader of the UK Independence Party (UKIP) and prominent Leave campaigner in the Brexit referendum, has
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FDIC Is Looking At Fees On Big Banks To Replenish Deposit Insurance Fund
The United States is preparing to exempt smaller lenders from contributing to the government’s foundational deposit insurance fund, instead putting
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PacWest Mulls Sale Hours After Fed Chief Says US Banking System “Sound And Resilient”
According to people familiar with the situation, PacWest Bancorp (NASDAQ: PACW), a regional bank teetering after the failure of three
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Are Bank Runs Headed For Canada? Freeland-Sponsored Budget Bill Seeks To Amend Deposit Insurance Law
Canada has not seen a bank run in 38 years. But with the recent bank collapses in the United States,
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Is Cross River Next? The Bank That’s Not A Bank
At a first glance of their website, one wouldn’t immediately think that Cross River is a bank. And apparently, that
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FDIC: Signature Bank Failed Because Of Poor Management
Signature Bank failed due to “poor management,” according to a report released Friday by the Federal Deposit Insurance Corporation (FDIC).
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JP Morgan To Acquire First Republic Following Government Seizure And Failed Auction
JPMorgan Chase & Co (NYSE: JPM) won the bidding war to acquire First Republic Bank (NYSE: FRC) in an emergency
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Is Metropolitan Bank Next? Shares Plummet 28% After Confusing Update
In the midst of banks cratering one after the other, Metropolitan Bank Holding (NYSE: MCB) thought it would be a
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Capital Flows To East From US, Swiss Markets Following Bank Runs
The recent bank failures of Credit Suisse and Silicon Valley Bank may have resulted in a capital migration to Hong
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