State Street Corporation's Q4 2023 showcases resilience with $501B new mandates, $0.55 EPS, and record $103B net inflows. Surpasses expectations, plans $5.0B share repurchase, and emphasizes operational efficiency in future outlook.
EdmundThe collapse of Silicon Valley Bank (SVB) in February 2023 sent shockwaves through the crypto industry. This article delves into the aftermath, exploring the amount SVB had in deposits, the key depositors affected, and the implications for the broader crypto ecosystem. Discover the figures, major claimants like Coinbase, MicroStrategy, Grayscale Investments, and Square, as well as the legal actions underway. As the Federal Deposit Insurance Corporation (FDIC) oversees the liquidation process, questions arise about the safety, regulation, and future of crypto banking in the US.
EdmundAccording to multiple reports from Korea, Hana Bank is starting to explore blockchain-based deposit tokens for...
LedgerinsightsReported by Reuters on July 20, this move aligns with the increasing global trend among central banks to delve into the development of digital versions of their currencies for retail use.
Coinlive The Bank of Italy has launched a pilot to assess the viability of a central bank digital currency (CBDC).
OthersIt is not sufficient to regulate one legal entity in one jurisdiction, Villeroy said.
OthersSingapore's banking system does not have significant exposures to the failed banks
Monetary Authority of SingaporeFounded in early 2022, Modulo operated out of the same luxury Bahamian condominium community where Sam Bankman-Fried and other FTX employees lived.
CoindeskThe U.S. is seeking the extradition of FTX founder Sam Bankman-Fried after the collapse of his cryptocurrency market in November.
OthersThe Israeli central bank looked at trust issues and policy decisions implied in a potential digital shekel, as well as some of the technical aspects of digital currency.
Cointelegraph