Citi is scaling back its operations on Spain’s Costa del Sol, marking the end of an experiment that sought to capitalize on lower costs and talent in the […]
Banks
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US Banking Regulators Ease Restrictions on Crypto Activities
On April 24, U.S. banking regulators announced the withdrawal of several documents that previously urged banks to exercise caution when engaging in cryptocurrency and related activities. The Federal […]
Banks
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Federal Reserve Withdraws Guidance on Banks’ Crypto-Asset and Dollar Token Activities
The Federal Reserve Board has announced the withdrawal of guidance for banks concerning their crypto-asset and dollar token activities, along with related changes to its expectations for these […]
Banks
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Donald Trump’s Criticism of the Federal Reserve Poses Risks to Treasuries
Former President Donald Trump’s ongoing criticism of the Federal Reserve has raised concerns about potential long-term impacts on U.S. Treasuries. His public war of words with the central […]
Banks
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Trump Advisers Urged Him to Soften Attacks on Fed Chair Jerome Powell
President Donald Trump’s change in tone toward Federal Reserve Chair Jerome H. Powell was influenced by senior advisers who urged him to ease his criticism of the central […]
Banks
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Top Financial Advisory Firms Ranked Amid Economic Uncertainty
In a volatile economy marked by tariffs, recession fears, and overall uncertainty, finding the right financial adviser has become crucial for many investors. USA TODAY and Statista have […]
Banks
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Delta Flight Evacuated After Engine Catches Fire
A Delta flight was evacuated in Orlando after one of its engines caught fire. Passengers safely exited the plane following the incident at the Orlando airport. The Federal […]
Banks
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Key House Republican Defends Fed Independence Amid Trump Criticism
A prominent House Republican has stepped forward to defend the Federal Reserve’s independence against interference attempts by President Trump. This stance was echoed by Austan Goolsbee, president of […]
Banks
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FDIC Plans to Cut Over 1,200 Jobs Amid Federal Workforce Reductions
The Federal Deposit Insurance Corp. (FDIC) plans to reduce its workforce by over 1,200 employees as part of the Trump administration’s broader efforts to cut the federal workforce. […]
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Capital One’s Approval for Discover Merger Signals Positive Regulatory Shift
Capital One has received approval from banking regulators for its $35 billion acquisition of Discover Financial, a move analysts believe could have broader implications for the financial sector. […]