Latest News for: Banks assets

Edit

How to keep your cryptos safe even if the exchange goes bankrupt

Financial Express 20 May 2022
In such an event, the value of all their crypto assets will literally become zero ... That statement indicates the difference between storing funds in banks and blockchain-based crypto exchanges ... However, unlike bank deposits that come with some guarantee, these exchanges are not legally bound to return investors’ assets.
Edit

SH Capital appoints Akram Skaik as Non-Executive Chairman

Gulf News 20 May 2022
He will lead SH Capital’s expansion across the region, developing the company’s portfolio of investment and asset management solutions across a range of asset classes offered by tier one global banks by leveraging state-of-the-art technology through the company’s platform.
Edit

Swiss Asset Manager Vowed to Launch DeFi Services Within 3 Years

CryptoPotato 20 May 2022
Julius Baer Group – the Swiss private bank with over $110 billion in AUM as of 2021 – revealed that it will offer digital asset services to high-ended clients ... Digital Assets as Centric to its Prospective Strategy ... “Integrating digital assets into its holistic ...
Edit

hinese elites given directive on foreign assets WSJ

Beijing News 20 May 2022
The restriction will apply not only to assets owned directly and indirectly by high party officials themselves, but also those held by their wives and children ... Meanwhile, US Treasury Secretary Janet Yellen said on Wednesday that it would not be legal for the United States to seize frozen Russian central bank assets to help rebuild Ukraine.
Edit

Vision Ridge sells off Texas mitigation banks

Colorado Daily 20 May 2022
a Boulder-based investment firm, has sold a portfolio of mitigation banking assets in southeast Texas. Mitigation banking is used to offset ecological damage done by development by preserving property in another location.
Edit

Australian Banking Giant Halts Crypto Trading Pilot Amid Regulatory Uncertainty

CryptoPotato 20 May 2022
Back in November 2021, the Australian banking giant announced plans to offer digital asset services to clients in collaboration with crypto exchange Gemini and blockchain analytics firm Chainalysis ... The CommBank CEO also said that the bank wants to contribute to the regulation of the crypto sector.
Edit

Police freeze illegal assets of drug peddlers

The Times of India 20 May 2022
The Madurai district police have frozen illegally-acquired assets belonging to two ganja peddlers and their kin as part of the state-wide crackdown ...Freezing of assets and bank accounts creates a fear among ganja peddlers as the wealth they had accumulated by illegal means will not be useful to them.
Edit

Oil falls on global growth concerns

Business Day 20 May 2022
SingaporeOil prices fell on Friday as investors worried that weakening global economic growth and tighter central bank monetary policy could curb a recovery in fuel demand ... Investors, worried about rising inflation and more aggressive action from central banks, have been reducing exposure to riskier assets.
Edit

Techcombank on track for a seat among top ASEAN banks

The Saigon Times 20 May 2022
Lotter, who spent most of his career in the financial services industry in Asia, believes that with a return on average assets of 3.7%, Techcombank is now one of the most efficiently operated banks across ASEAN ... “If you take banks across the region, who are showing the numbers we ...
Edit

Punjab & Sind Bank’s net profit doubles to Rs 346 crore

Financial Express 20 May 2022
Punjab & Sind Bank doubled its net profit for the quarter ended March 31, 2022, to Rs 346 crore ... The bank reported a near 4% on year increase in gross advances to Rs 70,387 crore in Q4FY22 from Rs 67,811 crore in the year-ago period ... The bank’s provision coverage ratio (PCR) stood at 87.89% in March 2022 against 82.89% as in March 2021.
Edit

The West Is Fully Behind Ukraine. Developing Countries See a Double Standard.

Barrons 20 May 2022
Sarah Cliffe is director of the NYU Center on International Cooperation and a former senior official at the World Bank and the United Nations ... Second, reassuring central banks that this use of reserve assets is appropriate for a period of exceptional emergencies, rather than presaging wider fiscal raids on central bank coffers.
Edit

U.S. judge recuses himself from Archegos fraud case, citing wife's ties to banks

Reuters 20 May 2022
fraud trial, after the judge assigned to the case recused himself on Thursday due to his wife's ties to banks that could have been caught in the investment firm's meltdown ... Archegos, which had $36 billion in assets, collapsed last year when it was caught short on highly leveraged trades, leaving global banks with $10 billion in losses.
Edit

A low-profile Dublin firm had a key role plugging Russia into global finance

Irish Independent 20 May 2022
When officials at the Central Bank of Ireland probed the sector in 2015, they discovered hundreds of opaque entities holding combined assets bigger than the country’s gross domestic product.Irish-based SPVs still hold about €37bn of Russia-issued assets.Even before the ...
Edit

a16z’s ‘State of Crypto’ report shows crypto is in a really good state

Cryptoslate 20 May 2022
a16z notes that 1.7 billion people don’t have access to a bank account, and 1 billion of them have access to a mobile phone—a perfect combination of circumstances for the advance of DeFi systems ... Compared to legacy banks, the entire DeFi market would represent only the 31st largest bank in the U.S ... The largest banks in the U.S.
Edit

Top cryptocurrency prices today: Bitcoin, Ethereum, XRP and BNB gain up to 5%

The Times of India 20 May 2022
Nomura’s new digital-asset subsidiary, announced earlier this week in a move that potentially catapults the Japanese investment bank ahead of US and European rivals, will start by focusing on cryptocurrencies, the unit’s newly appointed CEO Jez Mohideen said ... asset/s mentioned.).

Most Viewed

Ukrainian President Volodymyr Zelensky addresses the filmmaking community at the opening of the 75th Cannes International Film Festival, 17 May, 2022.
Presidential Office of Ukraine / https://www.president.gov.ua/en
Meeting of President Volodymyr Zelenskyy with representatives of the Ukrainian media, 4 April 2022.
Creative Commons / PRESIDENT OF UKRAINE VOLODYMYR ZELENSKYY Official website
President Donald J. Trump arrives at a border wall site near the Texas-Mexico border near Alamo, Texas, Tuesday, Jan. 12, 2021, and is greeted by border patrol agents and guests
White House / Shealah Craighead
×