UBS is considering buying troubled Credit Suisse
AdminA merger of UBS Group with Credit Suisse Group is “plan A” for Swiss regulators seeking to shore up confidence in the nation’s banking system, the Financial Times reported. The…
Founder of troubled crypto asset unicorn Babel launches new DeFi project, stablecoin
Flex Yang, the former CEO and founder of Babel Finance, is leading efforts to restructure the now embattled crypto asset unicorn while introducing a new decentralized project with hopes to…
FDIC Forms Deposit Insurance for Troubled Crypto Start-up Lender SVB By CoinEdition
FDIC Forms Deposit Insurance for Troubled Crypto Start-up Lender SVB The FDIC said depositors would have access to their insured deposits.Silicon Valley Bank has over $209 billion in assets and…
Troubled US startup-lender spooks share markets, bonds rally By Reuters
© Reuters. FILE PHOTO: Monitors displaying the stock index prices and Japanese yen exchange rate against the U.S. dollar are seen at the Tokyo Stock Exchange in Tokyo, Japan January…
Troubled crypto lender Babel Finance said to mull ‘recovery coin’ to pay back creditors
putilich Embattled cryptocurrency lender Babel Finance has proposed the issuance of a new stablecoin backed by crypto through a decentralized finance (DeFi) platform, in a bid to repay its creditors…
Circle Moves Out Its Leftover USDC Reserve from Troubled Silvergate By CoinEdition
Circle Moves Out Its Leftover USDC Reserve from Troubled Silvergate Circle withdraws its USDC reserve deposits from Silvergate Bank to its other banks.Circle said the decision was due to the…
China holds up Arm’s exit from troubled joint venture
China is holding up Arm’s plan to offload its troubled joint venture in the country, months after the UK chip designer agreed to transfer the unit to its owner SoftBank…