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Tag: silicon valley bank

New York Community Bancorp Counters Moody’s Junk Status, Asserts Strong Deposits

February 8, 2024 wp-bot Bitcoin News

Just one week following a dramatic plunge in New York Community Bancorp’s shares, which tumbled 40% in a single day at January’s close, Moody’s Investors

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New York Community Bancorp Grapples With 40% Share Drop Following Disappointing Earnings Report

January 31, 2024 wp-bot Bitcoin News

New York Community Bancorp (NYCB) faced significant challenges on Wednesday, with its shares plummeting by over 40%, prompting a halt in trading. Currently, NYCB shares

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Stablecoin issuer Circle weighing up 2024 public launch: Report

November 8, 2023 wp-bot Cointelegraph

Circle initially agreed to go public as part of a $4.5 billion merger in July 2021 but that deal fizzled out.

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Tether adds Bahamas-based private bank Britannia as partner: Report

August 29, 2023 wp-bot Cointelegraph

Tether’s reported new partnership with Britannia Bank makes it the third Bahamas-based bank to join forces with the stablecoin issuer.

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S&P Downgrades 5 Regional US Banks Amid Challenging Banking Environment 

August 24, 2023 wp-bot Bitcoin News

On Monday, S&P Global Ratings slashed ratings for five U.S. regional banks, pointing to the strenuous operating atmosphere plaguing the sector since the year’s outset.

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Circle CEO Jeremy Allaire: ‘Other Governments Are Regulating Digital Dollars Before the US’

June 26, 2023 wp-bot Bitcoin News

Jeremy Allaire, CEO of Circle, the company behind the issuance of usd coin (USDC), has expressed his worries about the state of stablecoin regulation in

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