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[ad_1] As U.S. banking regulators begin their post-mortem of Silicon Valley Bank, some pundits are pointing the finger at crypto markets, whose own collapse over the past year left the tech-focused lender hopelessly exposed. The conventional wisdom about crypto is that it’s “self-referential” — a separate universe to conventional finance — and that its inherent…
[ad_1] “Clearly, Silicon Valley Bank’s failure will embolden people who see the current regulatory system as insufficient,” said Brookings Institution senior fellow Aaron Klein, a former Treasury Department official and Capitol Hill economist. While the details of how the lender collapsed are still being sorted out, the political impact of the second-largest bank failure since…
[ad_1] Representational photo New Delhi: Centre has amended the Prevention of Money-laundering (Maintenance of Records) Rules, 2005, making it mandatory for banks and financial institutions to record financial transactions of politically exposed persons (PEPs). The amendments, which came into effect from March 7 onwards, also mandate that financial institutions will also have to collect information…
[ad_1] SRINAGAR: All registered consumers of District Ganderbal and rural Srinagar are informed that RWS Division Ganderbal/ Srinagar has uploaded Consumer Water tax Bills on m-Pay application of JK Bank Ltd. Accordingly, all registered consumers of this division can pay their bills through m-Pay application of JK Bank against 13-digit consumer ID (newly assigned) or…
[ad_1] Press play to listen to this article Voiced by artificial intelligence. LONDON — The U.K. government was scrambling on Sunday to limit the fallout for the British tech sector from the collapse of Silicon Valley Bank, a big U.S. lender to many startups and technology companies. The government is treating the potential reverberations as…
[ad_1] Holi 2023: If you have to do any work related to the bank, then you should not delay any more for that work. We are saying this because banks will remain closed for 3 days this week due to Holi (2023) . If you have important bank work this week, then you have only…
[ad_1] Islamabad: Moody’s Investors Service has downgraded the long-term deposit ratings of five Pakistani banks to Caa3 from Caa1, The Express Tribune reported. The ratings of Moody’s Investors Service suggest that the ongoing economic crisis in Pakistan is likely to have an adverse trickle-down impact on banks. The inflation readings are at a historical high…
[ad_1] Bank employees are going to get good news. His week off is about to increase. That means now they will have to work less days in a week. However, their working hours will be extended. It is being claimed in the media reports that the Indian Banks’ Association (IBA) is going to consider the…
[ad_1] Appraises the action taken on the directions passed in the previous meeting on seamless credit to potential entrepreneurs and saturation of other government schemes aimed to facilitate the dreams of aspiring society Jammu, Mar 02 (GNS): Lieutenant Governor Shri Manoj Sinha chaired a high-level meeting of Public Sector Banks, Administrative Departments & other Financial…
[ad_1] Jammu, Mar 02: Lieutenant Governor Shri Manoj Sinha chaired a high-level meeting of Public Sector Banks, Administrative Departments & other Financial Institutions, today at Civil Secretariat. The Lt Governor reviewed the action taken on the directions passed in the previous meeting on seamless credit to potential entrepreneurs and saturation of other government schemes aimed…