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How Medical Resident's Blog Spurred 3rd Largest Bank Failure In US History
The best short call of 2023 wasn't made by a ruthless hedge fund, a well-known activist firm, or any of the liveliest voices on the sell side. It was made by a first-year medical resident running a blog named after a SpongeBob SquarePants character.
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Ransomware Attack On US Arm Of China's Largest Bank Disrupts Treasury Market
The US arm of China's largest bank said Thursday that it was hit by a ransomware attack, forcing clients to reroute trades and disrupting the US Treasury market.
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America's Largest Reptile Sanctuary Applies To Import Gharials From India
America's largest reptile bank based in Arizona has applied to the federal government to import six gharials and another equal number of mugger crocodiles from Tamil Nadu, which it says would help preserve these endangered species.
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US's Largest Banks Pledge $30 Billion To Avoid Another SVB-Like Collapse
A consortium of 11 US private banks, including Bank of America, Citigroup and JPMorgan Chase, announced they would deposit $30 billion into First Republic.
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How Washington Scrambled As Silicon Valley Bank Collapsed
The US government launched emergency measures on Sunday to shore up confidence in the banking system after the failure of Silicon Valley Bank, the largest bank collapse since the 2008 financial crisis.
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Silicon Valley Bank Depositors Will Have Access To Their Money From Today
SVB was deeply entrenched in the tech startup ecosystem and the default bank for many high-flying startups; its abrupt fall marked one of the largest bank failures since the 2008 global financial crisis.
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"Major Crisis" In Tech Industry: Israel PM On Silicon Valley Bank Collapse
Israeli Prime Minister Benjamin Netanyahu warned on Saturday that the implosion of Silicon Valley Bank (SVB), the second largest bank failure in US history, created a deep crisis in the technology industry.
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Silicon Valley Bank Collapse: What Happens To Customers' Deposits, Loans
The collapse of the Silicon Valley Bank, a key lender to US startups since the 1980s, has sent shockwaves in global markets. It is not only the largest bank failure since 2008, but also the second-largest failure ever for a retail bank in the US.
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US Crypto Giant Coinbase Gets Licence To Operate In Singapore
Coinbase, the largest crypto exchange in the United States, said it has received approval from Singapore's central bank to offer payment services in the city-state.
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On Job Cuts, JPMorgan And Bank Of America Cautious Even As Goldman Layoffs Loom
JPMorgan Chase and Bank of America, the two largest US banks by assets, expressed caution about job cuts in contrast with Goldman Sachs, where hundreds of layoffs could start as early this month.
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Spot Gold Turns Flat After Touching $2,000 Mark Amid Rising COVID-19 Cases
Bets that interest rates in the world's largest economy would stay lower for longer under the US central bank's new policy framework hurt the dollar.
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Gold Price Moves Higher As Investors Bet On Dovish Signals From US Central Bank
Holdings in the world's largest gold-backed exchange-traded fund, SPDR Gold Trust, dipped 0.4 per cent on Friday.
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Inside Asia's Largest Virus Bank In Wuhan, Now Investigated By US
Chinese scientists have said the virus likely jumped from an animal to humans in a market that sold wildlife in Wuhan, but the existence of the lab has fuelled conspiracy theories that the germ spread from the facility.
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Coronavirus Crisis: Gold Jumps Over 1% As US Central Bank Ramps Up Support Measures
Holdings of the world's largest gold-backed exchange-traded fund, SPDR Gold Trust, rose 1.8% to 923.99 tonnes on Monday.
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Sensex Down 2,700 Points, Nifty Below 9,200 As Virus Fear Rattles Markets
Domestic stock markets took yet another hit on Monday amid a global selloff as investors worried about the fast-spreading coronavirus pandemic, even after the US central bank delivered another surprise rate cut to shield the world's largest economy from the outbreak. The S&P BSE Sensex index plunged as much as 2,790 points to hit 31,310 during the...
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How Medical Resident's Blog Spurred 3rd Largest Bank Failure In US History
The best short call of 2023 wasn't made by a ruthless hedge fund, a well-known activist firm, or any of the liveliest voices on the sell side. It was made by a first-year medical resident running a blog named after a SpongeBob SquarePants character.
-
Ransomware Attack On US Arm Of China's Largest Bank Disrupts Treasury Market
The US arm of China's largest bank said Thursday that it was hit by a ransomware attack, forcing clients to reroute trades and disrupting the US Treasury market.
-
America's Largest Reptile Sanctuary Applies To Import Gharials From India
America's largest reptile bank based in Arizona has applied to the federal government to import six gharials and another equal number of mugger crocodiles from Tamil Nadu, which it says would help preserve these endangered species.
-
US's Largest Banks Pledge $30 Billion To Avoid Another SVB-Like Collapse
A consortium of 11 US private banks, including Bank of America, Citigroup and JPMorgan Chase, announced they would deposit $30 billion into First Republic.
-
How Washington Scrambled As Silicon Valley Bank Collapsed
The US government launched emergency measures on Sunday to shore up confidence in the banking system after the failure of Silicon Valley Bank, the largest bank collapse since the 2008 financial crisis.
-
Silicon Valley Bank Depositors Will Have Access To Their Money From Today
SVB was deeply entrenched in the tech startup ecosystem and the default bank for many high-flying startups; its abrupt fall marked one of the largest bank failures since the 2008 global financial crisis.
-
"Major Crisis" In Tech Industry: Israel PM On Silicon Valley Bank Collapse
Israeli Prime Minister Benjamin Netanyahu warned on Saturday that the implosion of Silicon Valley Bank (SVB), the second largest bank failure in US history, created a deep crisis in the technology industry.
-
Silicon Valley Bank Collapse: What Happens To Customers' Deposits, Loans
The collapse of the Silicon Valley Bank, a key lender to US startups since the 1980s, has sent shockwaves in global markets. It is not only the largest bank failure since 2008, but also the second-largest failure ever for a retail bank in the US.
-
US Crypto Giant Coinbase Gets Licence To Operate In Singapore
Coinbase, the largest crypto exchange in the United States, said it has received approval from Singapore's central bank to offer payment services in the city-state.
-
On Job Cuts, JPMorgan And Bank Of America Cautious Even As Goldman Layoffs Loom
JPMorgan Chase and Bank of America, the two largest US banks by assets, expressed caution about job cuts in contrast with Goldman Sachs, where hundreds of layoffs could start as early this month.
-
Spot Gold Turns Flat After Touching $2,000 Mark Amid Rising COVID-19 Cases
Bets that interest rates in the world's largest economy would stay lower for longer under the US central bank's new policy framework hurt the dollar.
-
Gold Price Moves Higher As Investors Bet On Dovish Signals From US Central Bank
Holdings in the world's largest gold-backed exchange-traded fund, SPDR Gold Trust, dipped 0.4 per cent on Friday.
-
Inside Asia's Largest Virus Bank In Wuhan, Now Investigated By US
Chinese scientists have said the virus likely jumped from an animal to humans in a market that sold wildlife in Wuhan, but the existence of the lab has fuelled conspiracy theories that the germ spread from the facility.
-
Coronavirus Crisis: Gold Jumps Over 1% As US Central Bank Ramps Up Support Measures
Holdings of the world's largest gold-backed exchange-traded fund, SPDR Gold Trust, rose 1.8% to 923.99 tonnes on Monday.
-
Sensex Down 2,700 Points, Nifty Below 9,200 As Virus Fear Rattles Markets
Domestic stock markets took yet another hit on Monday amid a global selloff as investors worried about the fast-spreading coronavirus pandemic, even after the US central bank delivered another surprise rate cut to shield the world's largest economy from the outbreak. The S&P BSE Sensex index plunged as much as 2,790 points to hit 31,310 during the...
