#SILICONVALLEYBANK News, Headlines and Posts

Eyes will focus on Jerome Power and the Fed this week

thestreet.com It's getting on the end of the year, and everyone wants to know the answer to this question for the Federal Reserve and Chairman Jerome Powell: When will the Fed start…

Louis’ Two Big Market Predictions for 2024… and How to Take Advantage of Them (or Profit From Them)

investorplace.com As we look forward to 2024, what can we expect? It has been one heck of a year… So much has happened that when I think back to events from the first half of the year it…

On The Record with Bruce Van Saun

semafor.com Semafor Business’ signature interview series, On The Record, brings you conversations with the people running, shaping, and changing our economy. Read my earlier…

What Is USDC?

newsbtc.com Stablecoins like USDC have become a cornerstone in the cryptocurrency ecosystem, offering unique stability and reliability. This article provides an in-depth exploration of…

Cardano Jumps 20% as Analyst Eyes Bitcoin Pullback to $40K to 'Fill CME Gap'

coindesk.com The top crypto was recently trading at around $43,800, consolidating as investors digested its swift rally to near $45,000 this week after its breakout from $38,000 a week…

Why Have Uninsured Depositors Become De Facto Insured?

promarket.org Due to a change in how the FDIC resolves failed banks, uninsured deposits have become de facto insured. Not only is this dangerous for risk in the banking system, it is not…

Kevin O'Leary Recommends People Have A Minimum $5 Million For Financial Security: Sage Advice Or Tone Deaf?

finance.yahoo.com If you had $5 million, you could buy about five median-priced homes in San Diego or pay for approximately 91 years of tuition at Harvard University. It's also the amount…

The Year Ahead: The VIX says stocks are ‘reliably in a bull market’ heading into 2024. Here’s how to read it

marketwatch.com Lower volatility heading into 2024 is a bullish sign for stocks, as the rebounding U.S. equities market nears record levels reached about two years ago. The stock market’s…

Prime brokerage: The intersection of challenge and opportunity

thetradenews.com In prime brokerage there always seems to be two enthralling sides to the story: what’s going on with the client and what’s going on with the providers, and each continue to…

Geopolitics and central banks could keep gold demand hot in 2024, World Gold Council says

cnbc.com Gold prices hit another record high this week after a roaring 2023, and a combination of geopolitical tensions and continued central bank buying should see demand remain…

Fed Balance Sheet QT: -$1.23 Trillion from Peak, -$129 billion in November, to $7.74 Trillion, Lowest since April 2021

wolfstreet.com The Fed has now shed 29% of Treasuries it had added during pandemic QE starting in March 2020. The Fed’s Quantitative Tightening (QT) continues on track, and the unwinding…

Play Our 2023 TechCrunch Pub Quiz!

techcrunch.com From the collapse and rebirth of Silicon Valley Bank to the indictment of Sam Bankman-Fried — it’s safe to say that this has been a long year. Emotionally, at least. That’s…

'Mad Money' host Jim Cramer’s net worth

thestreet.com How has a long career in finance influenced Jim Cramer's net worth? The "Mad Money" host is many things: Harvard Law grad, hedge fund founder, co-founder of TheStreet, and…

Senator Warner: big bank CEOs have an argument when it comes to the Fed’s proposed capital rules

aol.com Chief executives from the nation’s largest banks are warning Senate lawmakers, especially Democrats, that the Federal Reserve’s proposed higher capital requirements will…

New bank rules could push mortgage rates up 30%: Analyst

finance.yahoo.com Eight Wall Street CEOs testified before the Senate Banking Committee on Wednesday, and the primary topic of discussion centered on a new proposal to raise capital…

Basel Committee Seeks to Consult on Stablecoins Risk Treatment

coindesk.com The Basel Committee, a global standard-setter for banks, has said it plans to consult on potential revisions to its criteria for stablecoins on Thursday. The news came after…

America's big banks are strutting. Its small ones are limping

semafor.com The Scene Two groups of bank CEOs gathered yesterday, one in downtown New York and one in Washington, D.C. Their messages, one humble and the other indignant, showed how…

Wall Street CEOs say proposed banking rules would hurt small businesses, low-income Americans

nbcnews.com Wall Street CEOs on Wednesday pushed back against proposed regulations aimed at raising the levels of capital they’ll need to hold against future risks. In prepared remarks…

Shearman & Sterling Releases its Annual Corporate Governance & Executive Compensation Survey Highlighting Key Trends and Regulatory Developments

benzinga.com NEW YORK, Dec. 07, 2023 (GLOBE NEWSWIRE) -- Global law firm Shearman & Sterling today released its annual Corporate Governance & Executive Compensation Survey. Now in its…

Fintech Trends In 2024: AI, BaaS, Payments, And Regulatory Scrutiny

benzinga.com The financial services industry has seen some ground-breaking changes in the past year, with fintech innovations driving the sector forward and fast-paced developments in…

Galaxy-Backed Gyroscope's 'All-Weather' Decentralized Stablecoin Goes Live on Ethereum Mainnet

coindesk.com "GYD is a means to protect against the risks of holding stablecoins, putting risk control on autopilot," the team said in an interview via email. Stablecoins, in spite of…

Wall Street's biggest rivals unite to slap down Biden's proposed changes to how banks are regulated

fortune.com The heads of Wall Street’s biggest banks used an appearance on Capitol Hill on Wednesday to plead with senators to stop the Biden administration’s proposed changes to how…

Washington Wants More Rules, Bankers Have Concerns

thedailyupside.com Festivus is right around the corner, and big banking executives are already holding an airing of grievances. On Wednesday, the top bosses from eight major financial…

Wall Street CEOs try to convince senators that new capital rules will hurt Americans as well as banks

cnbc.com (L-R) Brian Moynihan, Chairman and CEO of Bank of America; Jamie Dimon, Chairman and CEO of JPMorgan Chase; and Jane Fraser, CEO of Citigroup; testify during a Senate…

'Hopefully it’s going to look very different': Lawmakers and CEOs push for changes in proposed banking rules

finance.yahoo.com During Wednesday’s highly anticipated hearing with America’s big bank CEOs, the controversial capital requirements proposed by the Federal Reserve came up again and again.…

Wall Street CEOs say proposed banking rules will hurt small businesses, low-income Americans

aol.com Wall Street CEOs on Wednesday pushed back against proposed regulations aimed at raising the levels of capital they’ll need to hold against future risks. In prepared remarks…

Wall Street bank bosses warn Congress that new rules risk hurting US economy

theguardian.com Wall Street’s most powerful banking executives warned Congress that new regulations on the industry proposed by the Biden administration risk hurting the US economy. On the…

Kevin O'Leary Says to 'Survive the Rest of Your Life' You'll Need This Hefty Amount in Your Bank Account

entrepreneur.com "Shark Tank" star and multi-millionaire investor Kevin O'Leary is known for his cut-and-dry, sometimes blunt approach to giving financial advice. So when he told his YouTube…

‘Hopefully it’s going to look very different’: Lawmakers and CEOs push for changes in proposed banking rules

aol.com During Wednesday’s highly-anticipated hearing with America’s big bank CEOs, the controversial capital requirements proposed by the Federal Reserve came up again and again.…

Regulators Increase Scrutiny of Banks’ Risk Management Plans

pymnts.com In an effort to prevent bank failures, U.S. bank supervisors have reportedly increased scrutiny of lenders’ risk management practices and are taking disciplinary action.…

NBC News names Cheung its biz and data correspondent

talkingbiznews.com Catherine Kim, NBC News senior vice president of editorial, sent out the following on Wednesday: We are pleased to announce that Brian Cheung has been named an NBC News…

Jamie Dimon takes aim at Basel III Endgame proposal in Senate Banking Committee hearing

thestreet.com The Basel Committee on Banking Supervision and its so-called "Basel III Endgame" was the focus of JPMorgan Chase (JPM) - Get Free Report CEO Jamie Dimon's prepared remarks…

Wall Street bank bosses warn lawmakers of economic toll from tough new rules

finance.yahoo.com FILE PHOTO: U.S. House Financial Services Committee hearing on Capitol Hill in Washington WASHINGTON (Reuters) -The top bosses of JPMorgan, Morgan Stanley, Goldman Sachs and…

Wall Street bank CEOs warn U.S. lawmakers of economic toll from tough new regulations

theglobeandmail.com JPMorgan JPM-N chief executive Jamie Dimon and other major banks warned lawmakers Wednesday that capital hikes and other new regulations being contemplated by U.S. bank…

Big bank CEOs warn that new regulations may severely impact economy

aol.com The heads of the nation's biggest banks say there are reasons to be concerned about the health of U.S. consumers — particularly poor and low-income borrowers — in their…

Tether’s (USDT) Market Cap Peaks at $90 Billion Amid Renewed Confidence

cryptopotato.com the largest stablecoin globally, has experienced continuous growth in its market capitalization, reaching an all-time high of $90 billion on December 6th before retreating…

Future of Finance: Paolo Ardoino on Tether proving crypto critics wrong and how ‘Bitfinex is a different company compared to Binance’

aol.com Welcome to Future of Finance, where Fortune asks prominent people at major companies about their jobs, how their firm fits into the crypto ecosystem, and what it all means…