US - page 63

Finance & Economics

JPMorgan’s Jamie Dimon Warns Banking Crisis to Be Felt for Years to Come

JPMorgan Chase CEO Jamie Dimon said that the banking crisis triggered by the March collapses of Silicon Valley Bank and Signature Bank has not reached its limit and will have an impact on the state of affairs in the economy over the next few years.

Countries

SEC Charges Frank Founder With Fraud in $175 Million Sale to JPMorgan

In the United States, federal regulators said that the founder of a student financial assistance company, Frank, committed fraudulent actions against one of the largest banks in the country.

Finance & Economics

Amazon Cuts Over 100 Games Division Jobs

Amazon has laid off more than 100 employees of its gaming division and reassigned workers to other structural units.

Fintech & Ecommerce

Bunq Eyes US Market: Applies for Licence

Dutch neobank bunq is “bringing the bank of The Free to the land of The Free” with a new application for a banking licence with the FDIC

Fintech & Ecommerce

Seattle Bank Partners LoanStar to Enhance Embedded Banking Offer

Seattle Bank has partnered with LoanStar Technologies, enabling merchants and service providers to offer point-of-sale consumer loans for high-value transactions 

News

CFTC Seeks to Ban Binance From USA

The Binance crypto trading platform and its CEO Changpeng Zhao have been accused of violating the rules in a US federal court.

News

First Citizens Bank to Acquire Failed Silicon Valley Bank

First Citizens Bank will become the new owner of the failed Silicon Valley Bank.

News

FTC Cracks Down on Telehealth Apps and Data Sharing

The Federal Trade Commission (FTC) wants telemedicine companies to make adjustments to their data exchange practices.

News

Bank of America Reshuffles Lending Unit Employees

The media reports that the management of Bank of America has decided to reduce the staff of the division of this financial institution specializing in lending and capital management.

News

JP Morgan Pilots Biometric Payments With US Merchants

JP Morgan plans to implement a plan to introduce biometric payments as part of a partnership with retailers in the United States.

Blockchain & Crypto

Coinbase Becomes Second Crypto Firm to Receive SEC Wells Notice

The popular American crypto exchange Coinbase may find itself in a difficult situation in the near future due to the actions of federal regulators.

News

Panera Bread Pilots Palm Reading Tech by Amazon

Fast food network Panera Bread is introducing the Amazon One palm reading technology to enable seamless payments and access to the loyalty program

News

Florida Governor Ron DeSantis Proposes Banning Using CBDCs as Money

Florida Governor Ron Desantis has launched an initiative to ban central bank digital currencies (CBDC).

News

First Citizens Bank Aims to Buy Silicon Valley Bank

The media reports that First Citizens Bank plans to acquire a Silicon Valley Bank.

Finance & Economics

Charles Schwab Customers Deposit $16.5 Billion During Banking Crisis

Charles Schwab Company, which specializes in providing brokerage services in the financial market, reports an active influx of new customers in March amid the crisis of the American banking system.

News

Warren Buffett May Invest in Regional Banks

The media reported that the US authorities turned to Warren Buffett for help amid the crisis in the financial sector.