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New York Federal Reserve Predicts More Bank Failures
Benzinga via Yahoo Finance· 1 hour agoThe New York Federal Reserve believes that several regional banks throughout the country are at risk of failure due to their overexposure to commercial...
Ahead of Hill Hearing, Regulators Say Banks ‘Resilient’ But Risks Remain
PYMNTS.com· 23 hours agoTestimony from some of the top regulators in the country ahead of a Wednesday (May 15) Capitol Hill...
Social media spurred the last banking crisis. Can it prevent the next one?
Fortune· 9 hours agoJust as the 2008 crisis rewrote the playbook on bank failures, regulators are still working to parse the circumstances that led to the undoing of Silicon Valley Bank ...
US bank failures could surge by almost 50, Nomura analyst says
Reuters via Yahoo Finance· 1 day agoAlmost 50 U.S. lenders could fail in the coming years under pressure from higher interest rates and...
CFG Bank launches accounts to boost Key Bridge relief efforts
Banking Dive via Yahoo Finance· 1 day agoA money market account through the bank is donating 0.05% of accrued interest to a nonprofit fund...
Buffett’s Berkshire Reveals $6.7 Billion Stake in Insurer Chubb
Bloomberg via Yahoo Finance· 57 minutes ago(Bloomberg) -- Warren Buffett’s Berkshire Hathaway Inc. unveiled a $6.7 billion stake in insurer...
Bank creates mechanism for depositors to contribute to Baltimore bridge collapse recovery
FOX Business· 7 days agoBaltimore-headquartered CFG Bank is rolling out a special money market account that allows...
Tennis court hid ruins of 500-year-old church in Hungary — until now. Take a look
Miami Herald via Yahoo News· 2 hours agoExcavations quickly uncovered the church’s foundation, main altar and collapsed crypt. The church’s...
Hedge fund operators go on trial after multibillion-dollar Archegos collapse
WSOC-TV Charlotte· 2 days agoNEW YORK — (AP) — A fraud trail began Monday for the founder of a hedge fund that cost leading...
Bank supporting bridge collapse relief efforts with match up to $500K
WBAL-TV Baltimore· 7 days agoCFG Bank is launching accounts to help support recovery and relief efforts related to the collapse of the Francis Scott Key Bridge.