1. Home
  2. major banks

major banks

US Bank Lending Drops by Record $105 Billion in Two Weeks, Trillions Moving to Money Market Accounts, Elon Musk Warns ‘Trend Will Accelerate’

US Bank Lending Drops by Record 5 Billion in Two Weeks, Trillions Moving to Money Market Accounts, Elon Musk Warns ‘Trend Will Accelerate’The banking industry in the United States is still struggling after the collapse of three major banks. According to statistics, bank lending in the U.S. has dropped by close to $105 billion in the last two weeks of March, which is the largest decline on record. Additionally, Elon Musk, a Tesla executive and owner of […]

Egyptian Fintech Startup Secures $3.5M in Seed Funding Round

French Authorities Raid 5 Major Banks Over Accusations of Money Laundering and Fiscal Fraud

French Authorities Raid 5 Major Banks Over Accusations of Money Laundering and Fiscal FraudOn Tuesday, French officials conducted raids on five major banks located in and around Paris, including Societe Generale, BNP Paribas, HSBC, Natixis, and BNP’s Exane Bank, over alleged charges of money laundering and fiscal fraud. According to a spokesperson for France’s Financial Prosecutor’s Office (PNF), the preliminary investigation into four French banks and one international […]

Egyptian Fintech Startup Secures $3.5M in Seed Funding Round

BRICS Nations ‘Coalescing Against the Dollar,’ Major Banks Predict More Fed Hikes, Bitcoin Records Large Blocks as Ordinals Gain Currency

BRICS Nations ‘Coalescing Against the Dollar,’ Major Banks Predict More Fed Hikes, Bitcoin Records Large Blocks as Ordinals Gain CurrencyIn spite of turbulence in traditional global finance, with BRICS nations said to be pushing for de-dollarization and major banks like Bank of America and Goldman Sachs predicting further interest rate hikes from the U.S. Federal Reserve, creativity in crypto has found a new boon in the form of controversial inscriptions, called Ordinals, on the […]

Egyptian Fintech Startup Secures $3.5M in Seed Funding Round

Every Large Bank Will Actively Consider Crypto in 1-3 Years, Says Former Citi CEO

Every Large Bank Will Actively Consider Crypto in 1-3 Years, Says Former Citi CEOA former CEO of Citigroup said that every major bank and securities firm will consider crypto trading or services within one to three years. He also hopes that central banks worldwide will adopt digital currencies. Former Citi CEO Expects All Major Banks to Embrace Crypto in 1-3 Years Indian-American banker Vikram Pandit, a former CEO […]

Egyptian Fintech Startup Secures $3.5M in Seed Funding Round