Global
Global: SVB Financial Group files for bankruptcy protection
Silicon Valley Bank’s former parent company SVB Financial Group has filed for Chapter 11 bankruptcy protection. The move, which comes a week after ...
Global
Global: Huawei has replaced thousands of U.S.-banned parts in its products, founder says
Huawei Technologies Co Ltd has replaced more than 13,000 parts in its products that were hit by U.S. trade sanctions, the Chinese tech ...
Global
Global: China fines Deloitte $31 million for auditing negligence
China has fined auditing firm Deloitte 211.9 million yuan ($30.8 million) for failing to perform its duty in assessing the asset quality of ...
Global
Global: Signum Digital Obtained the Approval-In-Principle from the SFC on the First Security Token Offering and Subscription Platform in Hong Kong
Coinstreet Holdings Limited (“Coinstreet“) is a leading global professional consultancy firm and solution provider in the digital asset sector, and Somerley Capital Holdings ...
Global
Global: NAB Completes Historic Cross-Border Transaction Using Stablecoin on Ethereum Blockchain
National Australia Bank (NAB) has made history as the first major financial institution to complete an intra-bank cross-border transaction on a public blockchain ...
Global
Global: US asks Supreme Court to uphold domestic violence gun law
The U.S. Justice Department has asked the Supreme Court to allow a federal law stand that makes it a crime for people under ...
Global
Global: Mastercard Bolsters Cybersecurity With Baffin Bay Purchase
Mastercard has acquired security firm Baffin Bay Networks to help its business clients fend off cyberattacks. Based in Sweden, Baffin Bay “adds to Mastercard’s multi-layered approach ...
Global
Global: EU FinTechs Give EMI ‘Safeguarding’ Policy a Fresh Look Post SVB Collapse
If there’s a lesson that FinTechs must learn from Silicon Valley Bank’s (SVB) collapse, it’s the need to diversify their banking partners to include ...
Global
Global: SVB Crisis Spurs Greater Call for Bank Regulations, New Investigations
New laws, and new investigations, often follow bank crises. And after the collapse of three banks in five days, calls are growing both for ...
Global
Global: Stripe now valued at $50B following $6.5B raise
Digital payments company Stripe announced Wednesday (March 15, 2023) that it raised over $6.5 billion in Series I funding to value the company ...
