Federal Deposit Insurance Corporation

first-republic’s-crisis-is-not-an-isolated-incident:-jpmorgan-exec
Posted by | April 30, 2023
First Republic’s crisis is not an isolated incident: JPMorgan exec

The chief investment officer of J.P. Morgan Asset Management said it would be “naive to say that this is just limited to First Republic.” 1766 Total views 47 Total shares...

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first-republic’s-crisis-is-not-an-isolated-incident-—-jpmorgan-exec
Posted by | April 30, 2023
First Republic’s crisis is not an isolated incident — JPMorgan exec

The chief investment officer of J.P. Morgan Asset Management said it would be “naive to say that this is just limited to First Republic.” 14411 Total views 88 Total shares...

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fdic-alleges-cross-river-engaged-in-‘unsafe’-lending-practices
Posted by | April 29, 2023
FDIC alleges Cross River engaged in ‘unsafe’ lending practices

The Federal Deposit Insurance Corporation (FDIC) has requested Cross River Bank – known for its services to fintech and crypto firms like Visa and Coinbase – to "self-correct" and appropriately...

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fdic-alleges-cross-river-engaged-in-‘unsafe’-lending-practices
Posted by | April 29, 2023
FDIC alleges Cross River engaged in ‘unsafe’ lending practices

The Federal Deposit Insurance Corporation (FDIC) has requested Cross River Bank — known for its services to fintech and crypto firms like Visa and Coinbase — to “self-correct” and appropriately...

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bitmex-founder-arthur-hayes-says-us-banking-crisis-driving-bitcoin-price,-labels-first-republic-‘dead-bank-walking’
Posted by | April 27, 2023
BitMEX Founder Arthur Hayes Says US Banking Crisis Driving Bitcoin Price, Labels First Republic ‘Dead Bank Walking’

BitMEX founder Arthur Hayes says that the price of Bitcoin (BTC) is being driven by the recent US banking crisis while calling First Republic a “dead bank walking.” In a...

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signature’s-crypto-clients-told-to-close-their-accounts-by-april-5:-report
Posted by | March 28, 2023
Signature’s crypto clients told to close their accounts by April 5: Report

Any crypto deposits not transferred to another bank by April 5 will be liquidated and a check mailed to the client's address. 2157 Total views 39 Total shares Own this...

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coinbase-says-us-banking-crisis-reinforcing-crypto-assets-to-the-upside,-catching-attention-of-institutions
Posted by | March 22, 2023
Coinbase Says US Banking Crisis Reinforcing Crypto Assets to the Upside, Catching Attention of Institutions

A top Coinbase researcher thinks the recent US banking crisis reinforces the value of blockchain and cryptocurrency technology. David Duong, the head of institutional research at Coinbase, argues in a...

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fdic-set-to-sell-crypto-friendly-bank-in-$38,400,000,000-deal,-but-excludes-digital-asset-banking-branch-from-transaction
Posted by | March 21, 2023
FDIC Set To Sell Crypto-Friendly Bank in $38,400,000,000 Deal, but Excludes Digital Asset Banking Branch From Transaction

The U.S. Federal Deposit Insurance Corporation (FDIC) has found a buyer for the failed, crypto-friendly financial institution Signature Bank. According to a new press release from the regulator, the FDIC...

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ftx’s-sam-bankman-fried-and-brett-harrison-respond-to-fdic’s-allegations-of-‘false-statements’
Posted by | August 21, 2022
FTX’s Sam Bankman-Fried and Brett Harrison Respond to FDIC’s Allegations of ‘False Statements’

Top executives at crypto exchange giant FTX are responding to allegations of misleading statements from the Federal Deposit Insurance Corporation (FDIC). FTX CEO Sam Bankman-Fried tells his 761,000 Twitter followers...

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top-us-regulator-tells-banks-to-police-crypto-companies-over-misleading-deposit-insurance-claims
Posted by | August 1, 2022
Top US Regulator Tells Banks to Police Crypto Companies Over Misleading Deposit Insurance Claims

The Federal Deposit Insurance Corporation (FDIC) is telling banks to keep an eye on crypto companies and any potential deceptive deposit insurance claims. In a new advisory note, the FDIC...

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