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Banks reduced their borrowings from two Federal Reserve backstop lending facilities in the most recent week, a sign that liquidity demand may be stabilizing, Bloomberg News reported. U.S. institutions
In recent decades financial crises have tended to be fast-moving and violent. They usually revolve around a handful of companies or countries, and often climax over a weekend, before Asian markets
U.S. banks, already hesitant to work with crypto customers, are now even warier of providing services to the industry after a string of regional-lender collapses and amid heightened scrutiny by
FTX founder Sam Bankman-Fried pleaded not guilty Thursday to new federal charges tied to the collapse of the crypto exchange while his lawyer said he plans to challenge the new criminal counts
Hundreds of thousands of people around the world have been unable to access their funds after turmoil in the crypto industry took down some of its leading players. Along with FTX, crypto lenders
Bankrupt startup SiO2 Medical Products Inc. on Thursday received court approval for a $120 million loan, which includes $60 million of new capital, on its way to a planned handover of the business to
The White House is planning as soon as this week to recommend tougher rules for midsize banks, according to people familiar with the matter, after the collapse of two lenders earlier this month sent
The scope of blame for Silicon Valley Bank's failure stretches across bank executives, Federal Reserve supervisors and other regulators, the banking system's top cop on Wednesday told U.S. lawmakers
A bipartisan group of senators introduced legislation yesterday to claw back some or all of the top executives’ compensation from the five years leading up to bank failures, following the high-profile
The Federal Deposit Insurance Corp (FDIC) has hired Newmark Group Inc. to sell about $60 billion of failed lender Signature Bank's loans, a person familiar with the matter told Reuters on Wednesday