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[ad_1] Babar Rather Srinagar, Mar 15 (GNS): Residents of Ajas in north Kashmir’s Bandipora district are aghast over alleged lackadaisical approach of employees towards account-holders at locally setup branch of Jammu and Kashmir Bank. A delegation of aggrieved account holders told GNS that the staff has been taking them on a ride and playing down…
[ad_1] Florida Gov. Ron DeSantis over the weekend battered Silicon Valley Bank leaders for being too focused on so-called “woke” initiatives to defuse the time bombs on its balance sheet. Meanwhile, social media fusillades from the likes of Sen. Josh Hawley ( R-Mo.) and Rep. Marjorie Taylor Greene (R-Ga.) injected a dose of identity politics…
[ad_1] The current Senate Democratic discord is especially acute because the caucus had the numbers to block the 2018 effort — but under heavy pressure to cut a deal to help community banks in an election year, 17 of them supported it. The collapse of two banks with roughly $300 billion in total assets over…
[ad_1] Waters recalled speaking with someone from Silicon Valley Bank around 2020 about FinTech issues but said she does not remember details. “Everybody knows I have an open-door policy,” she said. But she maintained that she did not speak with the bank about the 2018 bill that loosened up regulations of banks like SVB. Waters…
[ad_1] “If you don’t do this, there’s going to be a run on your smaller banks,” he said. “Everyone’s going to take their money out and run to the JPMorgan’s and these too-big-to-fail banks, and they’re going to get bigger and everybody else is going to get smaller and weaker, and it’s going really be…
[ad_1] The bank’s collapse “is a major blow to early-stage and even late-stage tech startups looking to get financing,” Daniel Ives, a technology sector analyst at Wedbush Securities, said in an interview. SVB “was the bank that would always pick up the phone when other large money center banks wouldn’t,” Ives said, adding that the…
[ad_1] “What happened in the last financial crisis? Dodd-Frank was put in place to reflect those lessons,” Porter said in an interview, using the colloquial name for the 2010 law shaped to rein in the industry after the Great Recession of the Obama years. “Not even 10 years later, look what happens: The so-called pro-business…
[ad_1] The federal government’s response to the implosion of Silicon Valley Bank and Signature Bank has unleashed a chorus of complaints from GOP politicians who claim that authorities failed to take steps to prevent the failures — the largest since the global financial crisis. The potential for panic at other banks forced the agencies to…
[ad_1] Bank of India Probationary Officer 2023 Admit Card Released Name of the Post : Bank of India Probationary Officer 2023 Admit Card Released Total Post : 500 Bank Of India (BOI) has given a Notification for the recruitment of Probationary Officer Vacancy in JMGS-I Project. Important Links Admit Card Released : Click here JKPSC Fresh Govt…
[ad_1] Washington: US Treasury Secretary Janet Yellen on Sunday said that the federal government will not provide a bailout for Silicon Valley Bank’s investors after the bank was abruptly shuttered, but said financial regulators are “concerned” about the impact to depositors and working to address their needs, media reports said. “During the financial crisis, there…