Banking sector

On April 29th, according to sources, major banks including JPMorgan Chase and PNC Financial Services Group are competing to acquire First Republic Bank, and the transaction will ta

According to reports, the Federal Deposit Insurance Corporation (FDIC) of the United States states that 136 insured banks are currently engaged or planning to engage in activities

According to reports, insiders said that after the signing bank that they had previously collaborated with collapsed, the trading platform Coin An found it difficult to find anothe

According to reports, Federal Reserve Cook said that there is still a long way to go to reach the 2% inflation target; The Federal Reserve will take any measures to achieve this go

It is reported that the U.S. stock banking sector continued to decline, and the Western Bank of Aries of the United States resumed trading, which is now down 74%. Western Pacific Union Bank touched the circuit breaker for the second time, and is now down 46.23%. United States Bank (USB. N) fell 8.7%, Bank of America (BAC. N) and Wells Fargo (WFC. N) fell more than 7%, Citigroup (C.N) fell more than 6%, UBS. N and Barclays (BCS. N) fell nearly 5%. The U.S. banking sector continued to decline, and the Western Bank of Arians is down 74% Analysis based on this information:The U.S. stock banking sector saw a sharp decline with several major banks reporting significant drops in their stock values. The Western Bank of Aries resumed trading and experienced a 74% decline, while the Western Pacific Union Bank touched the circuit breaker for the second time and fell by 46.23%. The United States Bank (USB. N) saw a…

It is reported that the German Federal Financial Supervisory Authority (BaFin) has ordered the closure of the German branch of Silicon Valley Bank. German Federal Financial Supervisory Authority: ordered the closure of the German branch of Silicon Valley Bank Analysis based on this information:The German Federal Financial Supervisory Authority, commonly known as BaFin, has ordered the closure of the German branch of the Silicon Valley Bank. This move is a significant regulatory action in the banking sector, especially on foreign banks operating in Germany. The decision is part of BaFin’s regulatory mandate to safeguard the stability of the German financial sector and ensure compliance with the country’s banking laws and regulations. Silicon Valley Bank is a globally recognized institution that provides financial services to technology startups and companies in the United States and globally. The bank has its headquarters in Santa Clara, California, and has a presence in different countries around the world, including Germany. Its German branch, Silicon Valley…