The parent company of Silicon Valley Bank (SVB) is looking for a buyer after the bank was shuttered by regulators on Friday amid a massive drain of deposits and losses on its securities portfolio, Bloomberg reported.
Bank accounts that use voice authentication can be broken into using AI technology, according to a Vice Media writer who hacked into his own bank account using the technique.
A crowd of several dozen angry protesters went on a rampage in Beirut on Thursday, blocking roads and vandalizing bank offices to protest the collapsing Lebanese economy and rules which prevent depositors from withdrawing their money.
During an interview with CNN International aired on Wednesday’s “First Move,” Special Presidential Envoy for Climate John Kerry stated that the job of multilateral development banks is to “take some risk” in order to spur the private sector to make the
Reports this weekend indicated that Lebanese citizens are increasingly turning to sit-in blockades, and outright armed robbery, to pry their savings out of frozen bank accounts as the national economy continues its trajectory toward total collapse.
HSBC announced that it will no longer finance new oil and gas projects in order to meet the green agenda goals of the globalist elites.
On Tuesday’s broadcast of Bloomberg’s “Balance of Power,” Senate Committee on Banking, Housing, and Urban Affairs Chairman Sen. Sherrod Brown (D-OH) said he supports environmental, social, and governance (ESG) efforts by banks to look “more closely at whom they lend
On Thursday’s broadcast of CNBC’s “Squawk Box,” Sen. Pat Toomey (R-PA) urged banks to avoid constantly weighing in on political disputes that are outside their core business because “having a handful of senior executives somewhere make these decisions for the
Finally, a financial executive pushes back against the left’s demands to blackball fossil fuel producers.
Vice President Kamala Harris delivered another word salad on Tuesday as she incoherently explained where “community banks” are located.
NatWest, a private bank bailed out by the taxpayer in 2008, has announced it will start blowing money funding transgender hormone therapy and other treatments for its staff.
Banks are employing “sneaky tactics” to push towards a cashless society, a submission by a financial services union has claimed.
China’s military allegedly deployed armored tanks to the streets of Henan province in recent days to block protesters from gathering outside local banks and demanding access to millions of dollars in deposits unceremoniously frozen in April, Asian News International (ANI) reported on Thursday.
Banks just purchase loans that would have been purchased—and eventually are purchased—by government-sponsored enterprises like Fannie Mae and Freddie Mac.
China’s state-run Global Times claimed on Tuesday that Western media was unnecessarily “hyping” protests by roughly 1,000 people in Zhengzhou, China, on Sunday in which participants demanded several rural banks release millions of dollars of deposits after unceremoniously freezing them in April, ignoring the fact that Chinese security personnel physically abused and injured several demonstrators during the rally.
Several people said they were injured on Sunday by security personnel in China’s Zhengzhou city while protesting a local bank’s recent decision to freeze millions of dollars of deposits, Reuters reported.
Customers can take their business elsewhere if they do not approve of the the implementation of gender pronoun nametags, Halifax Bank said.
Biden’s Treasury has issued a plan requiring the agency in charge of the nation’s fiscal infrastructure to consider race in all policies.
The Arizona Senate is weighing legislation that would bar banks and other financial centers from discriminating against members of the firearm industry.
Why is oil in short supply? Activists have pushed banks and investors to back away from financing oil and natural gas extraction.
As the EU bans Russian banks from the SWIFT financial system, a bank linked to the sale of Russian gas is said to be exempt from sanctions.
Canadians should withdraw their bank funds immediately, according to a military source cited by outspoken psychology professor Dr. Jordan Peterson.
Oklahoma Gov. Kevin Stitt (R) spoke to Breitbart News this week, noting that banks in his state are lined up to do business with firearm and ammunition manufacturers who want to do business there.
Bank of England governor Andrew Bailey has made an astonishing request of British workers, telling them to help the state control inflation by not asking bosses for pay rises.
Democrat plans to surveil bank accounts with the IRS resemble China’s “social credit score” system, Rep. Drew Ferguson (R-GA) said.
Goldman Sachs Group is pulling back on municipal bond investments in Texas following the state’s adoption of a law that bars state and local governments from working with banks that are cutting ties with the firearms industry.
Greek police have stated that a known far-left anarchist extremist is the main suspect in three armed bank robberies in Athens in the last month.
Credit Suisse is allegedly closing a bank account operated by the Chinese artist Ai Weiwei due to his alleged “criminal record,” despite the dissident saying he has never been convicted of a crime, Ai told Reuters in an article published Tuesday.
Hundreds of people took to the streets of Kabul, Afghanistan, to protest an ongoing, months-long closure of banks in the national capital and across the country on Saturday, Afghanistan’s Khaama Press reported.
A ‘Great Reset’ of the British property market is currently underway, in which big banks are buying up houses across the country.
Less than two weeks after announcing a doubling of its dividend and plans to buy back $18 billion of stock, Wells Fargo said that it is terminating its customers’ personal lines of credit.
Federal Reserve Vice Chair Randal Quarles issued a stern warning to banks on Monday about the necessity to stop using Libor interest rate benchmarks.
The fossil fuel-dominated energy sector and the banking sector have the best one-month performance, indicating a rotation of leading stocks as the Biden administration took hold of the White House.
President Joe Biden is giving the go-ahead for the Justice Department to reinstate a controversial Obama-era practice that allowed prosecutors to make settlement agreements where defendants paid outside groups instead of the government or victims.
HSBC has said it will “reserve the right” to cancel the accounts of customers who refuse to wear masks inside its UK branches.
Deutsche Bank AG has reportedly decided to cut ties with President Donald Trump as well as his private companies following the unrest at Capitol Hill last week.
WELLINGTON, New Zealand (AP) — New Zealand’s central bank said Sunday that one of its data systems has been breached by an unidentified hacker who potentially accessed commercially and personally sensitive information.
A huge surge in homebuying is feeding demand for purchase mortgages.
German banking giant Deutsche Bank is calling for a “privilege tax” to be imposed on people who work from home, to erase their savings from not having to commute or pay for food on their lunch breaks.
Multiple American agencies, including the FBI and Department of the Treasury, warned on Wednesday that a hacking syndicate affiliated with North Korea is installing malware in ATMs around the world, stealing billions to fund the regime.
