The overlooked threats to the global financial system

financialpost.com Since the great financial crisis of 2007-08, regulators have engaged in the biggest push since the 1930s to de-risk the global financial system. Yet instability and flawed…

OCC was ‘asleep at the wheel’ on NYCB, Warren says

finance.yahoo.com Two Democratic senators asked Acting Comptroller of the Currency Michael Hsu, in a letter Monday, why his agency approved the merger between Flagstar and New York Community…

Startup-focused neobank Mercury launches personal banking, targeting the founder class

fastcompany.com Attention, founders: Mercury wants to move into your personal orbit. The neobank designed for startups announced on Wednesday that it will open up its services for personal…

US regional banks seen booking more commercial property losses, loan sales

finance.yahoo.com U.S. regional banks are expected to set aside more money to cover potential commercial real estate (CRE) losses and sell more property loans as the sector remains under…

Crypto hedge fund on how to trade Bitcoin amid Fed-driven ‘hiccups’

dlnews.com Bitcoin plunged 7% on Tuesday in the span of a few hours, before bouncing back to $66,300. However, Bitcoin traders should brace for more market “hiccups” over the next two…

Report: Rippling in Discussions on Funding Round, $13.4 Billion Valuation

pymnts.com Rippling is reportedly in discussions to raise $870 million at a valuation of $13.4 billion. This round would include a $200 million injection of capital and $670 million of…

Sources: HR tech startup Rippling plans to close a Series F at a valuation as high as $13.4B, after a $200M injection plus $670M in shares sold by stockholders

techcrunch.com HR startup Rippling is in discussions to raise at a $13.4B valuation, up from $11.25B The round could total $870M, including $670M worth of secondary Late stage HRtech…

Here's How Much $1,000 In Bitcoin Will Be Worth In 2025 If Raoul Pal's Prediction Is Correct

finance.yahoo.com Raoul Pal has an extensive background in financial markets. He has served as head of European hedge fund sales for equities at Goldman Sachs and a portfolio manager at a…

Tether, Circle Diverge on How to Tackle Global Patchwork of Stablecoin Rules

coindesk.com “It’s not that those countries are making a mistake or doing something wrong; U.S. policy inaction is actually the gap,” and other countries are legislating to fill it, he…

Michael Saylor sees opportunity for Bitcoin in chaos

cryptobriefing.com Bitcoin tumbled over the weekend following a drone attack by Iran on Israel. Under the influence of Middle East tensions and the approaching halving, the price plunged from…

Just a moment..

blockworks.co Where to, digital gold? Halving week is off to a tumultuous start. Cryptocurrencies whipsawed over the weekend on growing geopolitical concerns after Iran’s Saturday drone…

Is JPMorgan Chase Stock a Buy On This Dip?

finance.yahoo.com The stock's setback last week makes enough sense on the surface. In defiance of expectations, JPMorgan Chase (NYSE: JPM) didn't raise its 2024 revenue guidance with its…

VIX: Wall Street’s ‘Fear Signal’ Says It’s Buying Season

investorplace.com Like most sentiment indicators, the VIX is often a contrarian signal Right now, the prospect of escalating geopolitical conflict in the Middle East has many investors…

Wells Fargo kicks off our bank earnings Friday. Rate cuts and dealmaking will be in focus this season

cnbc.com What a difference a year makes. Club holding Wells Fargo will post quarterly results on Friday, followed by our other financial holding, Morgan Stanley, on Tuesday. The…

4 Things to Know About Credit Financing Your Business Following the 'Fed Pivot'

entrepreneur.com Opinions expressed by Entrepreneur contributors are their own. If you are among the many business owners lulled into cheap and low-cost access to capital, you may have been…

How one company made bank off the regional banking crisis

semafor.com The Scoop A year after panic swept through America’s banking system, the big winner is a company you’ve never heard of. IntraFi is a marketplace where banks buy, sell, and…

Peapack-Gladstone, Dime hire away 16 teams from NYCB

finance.yahoo.com New York Community Bank subsidiary Flagstar is losing at least 16 teams of private and commercial bankers to New Jersey-based Peapack-Gladstone and Long Island-based Dime…

Circle says market size isn’t everything as its stablecoin trails Tether’s USDT

dlnews.com Forget market value... for a second. When it comes to stablecoins, there’s another vital factor to consider — how are people using them? This was the key message made by…

Where do European banks stand in the ranking for strongest brands?

euronews.com The world’s most valuable brand owner is Chinese ICBC bank and it is worth more than Slovenia's GDP. Meanwhile, Europeans are behind and Russia's lenders continue to…

Are NYCB’s troubles the start of another banking panic?

economist.com A bank publishes lousy earnings or an “update” on its business. Its share price plunges. Its name is splashed on newspaper front pages. The bank’s bosses hold a conference…

The five biggest market surprises of 2023

economist.com Financial markets will always produce surprises. After all, by the time a consensus has formed, people will have bought or sold accordingly. The move has already happened;…

How Omsom's Founders Triumphed From SVB's Defeat--and 6 Other Stories of Courage Under Fire

inc.com Between tackling the meltdown of Silicon Valley Bank and overcoming manufacturing hurdles, these women say assume good intent and be gracious.

In The Next Several Weeks, We Could See $300 Billion Of Liquidity Leaving The System

zerohedge.com In The Next Several Weeks, We Could See $300 Billion Of Liquidity Leaving The System Submitted by Larry McDonald, creator of the Bear Traps Report and author of the newly…

The Complete Side Events Lineup At TC Early Stage 2024

techcrunch.com Super Founders and Funders in AI Panel & Mixer Featuring Venture-backed Founders and VCs Hosted By: Supermomos and HBS AI Club Time: April 22, 6pm to 8pm Description: Join…

AI Will be One of those Areas Where Blockchain has Genuinely Improved: Flare Network’s CEO Hugo Philion (Interview)

cryptopotato.com Flare Network stands out as one of the popular layer one blockchains, focusing on the integration of external data into blockchain systems. Above all, Flare is an…

Letter to Shareholders from Jamie Dimon, Annual Report 2023

reports.jpmorganchase.com Each year, I try to update you on some of the most important issues facing our company. First and foremost may well be the impact of artificial intelligence (AI). While we…

Inflation alarm, 'extraordinary' AI: 4 takeaways from Jamie Dimon's annual letter

abcnews.go.com The CEO of the nation's largest bank said economic risks remain significant. A booming job market, softening inflation, robust growth -- the economy has performed well by…

AI could be as consequential to the economy as electricity, says Jamie Dimon

cnn.com Jamie Dimon believes artificial intelligence will have a huge impact on global business this year. Dimon, one of the world’s most influential business leaders, said in his…

S&P 500 Earnings: Will the 'Upside Surprise' Factor Continue in 2024?

investing.com The quarterly “bump” in forward 4-quarter EPS occurred this week, as the months rolled from March to April ’24. More on that in a minute. Some other EPS stats that might be…

The S&P 500's Path Back To 4100 In 2024

seekingalpha.com The stock market is wobbling because rates are climbing, and, more importantly, credit spreads are widening because financial conditions are now starting to tighten again.…

Banks are building more branches for the first time in a decade

aol.com US banks added more net new branches in 2023 for the first time in a decade. That bet on new brick-and-mortar locations isn't letting up so far in 2024. Last year banks…

Want $15,750 In Passive Income? Invest $30,000 In These Dividend Stocks

247wallst.com Contrary to the proclamations made by The White House, the actual experience of many American households indicates that inflation does not seem to be under control. The…

Proposal To Move Bank Regulation Goalposts Signals Underlying Problems In Financial System

zerohedge.com Proposal To Move Bank Regulation Goalposts Signals Underlying Problems In Financial System Authored by Mike Maharrey via Money Metals, If a formula spits out a number you…

Bank deposits are back above pre-SVB levels. Regional lenders still have problems

aol.com Banks have now regained all deposits they lost following the collapse of Silicon Valley Bank. But that doesn't solve many of the problems still faced by regional lenders.…

Ripple To Emerge As Tether Rival With Upcoming USD-Pegged Stablecoin Launch

bitcoinist.com Payment company firm Ripple has announced its foray into the stablecoin market with an imminent launch of its own US dollar-pegged digital currency. This development…

ClearBank Considers US Expansion After Hitting Profitability

pymnts.com Embedded banking firm ClearBank is reportedly planning to expand into Europe and the U.S. Charles McManus, the British firm’s CEO, told Bloomberg News Thursday (April 4)…

"Urban Doom Loop" Of Vacant Offices: How Far Will It Go?

zerohedge.com "Urban Doom Loop" Of Vacant Offices: How Far Will It Go? Via SchiffGold.com, Even the mainstream is starting to acknowledge the massive problem of vacant office buildings…

Cathie Wood Reaffirms Her $1.5M Bitcoin Price Target

coinspeaker.com Coinspeaker Cathie Wood Reaffirms Her $1.5M Bitcoin Price Target In a recent podcast interview, Ark Invest CEO Cathie Wood reaffirmed her previous bullish stance on Bitcoin…

Ripple to launch U.S. dollar stablecoin, taking on a $150 billion market dominated by Tether, Circle

cnbc.com Crypto startup Ripple is the latest major player to jump into the $150 billion stablecoin market with the launch of a digital currency pegged to the U.S. dollar. The…

3 Finance Stocks to Sell Before the Next Banking Crisis

investorplace.com No bank is too small or too big to fail when liquidity is king Banking crises may seem catastrophic when they hit the news cycle but they have become common in the 21st…

Tighter capital rules could leave Canadian banks uncompetitive, RBC's McKay warns

financialpost.com Canadian regulators should re-think capital requirements imposed on the country’s largest financial institutions if banks in the United States and Europe are not forced to…