Citigroup Unveils Citi Token Services for Cash Management and Trade Finance
Citigroup has introduced the creation and piloting of Citi Token Services for money administration and commerce finance. “Citi Token Services will integrate tokenized deposits and...
Silver Set to Shine: Citigroup Analysts Forecast $30 Value in Next 6-12 Months
Citigroup analysts foresee a major improve in silver’s worth, probably hitting $30 per unit inside the subsequent 6-12 months, in response to the multinational financial...
First Republic Bank’s Shares Downgraded to Junk Status by S&P Global; Stock Slides More Than 25% Lower
After UBS acquired Credit Suisse and near a dozen monetary establishments injected $30 billion into First Republic Bank 4 days in the past, S&P Global...
US Bank Outflows and Concerns Mount: 11 Banks Bail Out First Republic Bank From Collapse
After the autumn of Silvergate Bank, Silicon Valley Bank (SVB), and Signature Bank (SNBY), First Republic Bank, a industrial financial institution and wealth administration providers...
Bank Board Member and Dodd-Frank Co-Sponsor Barney Frank Suspects ‘Anti-Crypto’ Message Behind Signature Bank Failure
Barney Frank, a former member of the U.S. House of Representatives from Massachusetts and main co-sponsor of the 2010 Dodd-Frank Act, mentioned his opinion on...
Report Shows Financial Troubles Plagued Bankman-Fried’s Alameda Research as Early as 2018
Before FTX collapsed it was assumed that Alameda Research was one of many high quantitative buying and selling companies and market makers throughout the business....
Web3 Firm Chain Reveals Multi-Year Partnership With the New England Patriots
The Web3 software program options firm Chain introduced the corporate has partnered with Kraft Sports + Entertainment, the house owners and operators of the New...
Celsius Stories Littered With ‘People Familiar With the Matter’ Sources, Report Claims Lender Struggles With Arguments Over Bankruptcy
The embattled crypto lending platform Celsius has saved withdrawals and transfers frozen since June 12 and informed the Celsius Network neighborhood that the “course of...
Report: Goldman Sachs Looks to Buy Distressed Assets From Celsius, Crypto Lender Seeks Restructuring Advice
After the crypto lending platform Celsius halted operations on June 12, at 10:10 p.m. (ET), two days later the Wall Street Journal (WSJ) quoted “folks...
Report: Celsius Hires Citigroup to Help the Startup Find ‘Potential Financing’
According to “two folks accustomed to the matter,” the cryptocurrency lending firm Celsius is working with the monetary large Citigroup so as to get recommendation...