Silvergate reportedly cited restrictions on disclosing “confidential supervisory information” related to the collapse of FTX in response to a similar December 2022 letter.
Category Archives: Banks
The bank applied for the application in 2019 and sued the Fed in an attempt to speed up the decision.
Signature Bank and Silvergate reportedly borrowed over $13 billion from the federal home loan system.
Following the collapse of FTX, the company has decided to rebrand and exit the crypto space.
Mamoru Yanase said crypto needs the same safeguards as financial institutions and banks.
By allowing virtual banks, Thailand seeks to boost competition and economic growth.
Institutional DeFi could be a new paradigm that banks can leverage for product innovation, new pricing models and operational efficiencies.
The Fed, FDIC and OCC teamed up to wish the banks they regulate a FUD-filled new year with a warning about the risks associated with crypto assets and their efforts to contain those risks.
Recent research from major financial institutions tied to the Federal Reserve sees the U.S. facing a “shallow” or “mild” recession in 2023.
The asset class volatility still poses a challenge to money managers, noted JPMorgan's head of institutional portfolio strategy.