US Banks’ Customers Lose Nearly $500m To Scammers: FTC Report
The Federal Trade Commission (FTC) has released a report revealing that US banks failed to prevent scammers from making away.
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Will The US Banks Adopt Ripple’s XRP For International Payments
Ben Armstrong shares insights on the US banks’ potential adoption of Ripple’s XRP for international payments. Ripple CEO Brad Garlinghouse.
- by Sofiya
- January 21, 2024
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US Banks Facing ‘Significant Risk’ of Deposit Flight As Profit Margins Narrow, Warns Top Ratings Agency
In a recent alert, Moody’s, the renowned credit ratings agency, has raised a fresh warning flag concerning the stability of.
- by Kelvin Munene
- August 12, 2023
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Deposit Exodus: US Banks Face Challenges Amidst Growing Yield Demands
US banks are experiencing a significant increase in deposit flight as customers withdraw their funds. Recent data from the Federal.
- by Kelvin Munene
- July 24, 2023
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US Banks Reportedly Face Billions in Loan Write-Offs as Borrowers Struggle
According to Bloomberg data cited by the Financial Times, the largest banks in the US, including JPMorgan Chase, Bank of.
- by Kelvin Munene
- July 13, 2023
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Unrealized Losses: US Banks Face $205 Billion Scare but Remain Resilient
The US banking sector is reeling from a shocking revelation: the country’s four largest banks—Bank of America, Wells Fargo, JPMorgan.
- by Kelvin Munene
- July 4, 2023
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Federal Reserve’s Lending Program Experiences High Demand as Borrowings Surpass $100 Billion
The Federal Reserve’s Bank Term Fund Program (BTFP) has become a vital lifeline for struggling US banks, as evidenced by.
- by Kelvin Munene
- June 15, 2023
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US Banks Brace for Deposit Exodus as Treasury Plans Massive Borrowing
In a concerning turn of events, financial analysts predict a substantial flight of deposits from US banks as the Treasury.
- by Kelvin Munene
- June 13, 2023
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More Than 700 US Banks Facing ‘Significant Safety and Soundness Risk’ Due to Massive Unrealized Losses: Federal Reserve
Newly released data from the Federal Reserve has revealed that more than 700 American banks face significant safety and soundness.
- by Kelvin Munene
- May 13, 2023
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Banking Bunkum Continues as Half of US Banks Could Be Insolven
Nearly half of America’s 4,800 banks, according to the UK’s Telegraph on May 2, are “burning through their capital buffers.”.
- by Kelvin Munene
- May 3, 2023
