Binance's US arm struggles to find bank to take its customers' cashThe US arm of cryptocurrency exchange firm Binance has struggled to find a bank for its customers' cash after the failure of Signature Bank...
08 Apr, 2023, 08.49 PM IST
Banks warier of serving crypto clients after blowups, regulatory scrutinyCross River Bank, for example, received requests from more than 100 new clients not all of whom were crypto companies seeking a safe harbor...
31 Mar, 2023, 06.29 AM IST
The 11 days of turmoil that brought down four banks and left a fifth teeteringSilvergate Capital Corp. was the first US bank to collapse, done in by its exposure to the crypto industry’s meltdown. With Silvergate’s ob...
21 Mar, 2023, 09.21 AM IST
Buffett's Berkshire discloses big Taiwan Semi stakeTaiwan Semi posted an 80% jump in third-quarter profit, helped by demand from customers such as iPhone maker Apple Inc, by far the largest ...
15 Nov, 2022, 07.48 AM IST
How US banks are dipping their toes in the crypto waterA slew of big banks began offering wealth management clients exposure to crypto in 2021, with Morgan Stanley leading the pack. CNBC reporte...
05 Apr, 2022, 03.49 PM IST
Wall Street Week Ahead: Regional bank loan growth could hint at healthier supply chainsIf regional banks show signs of accelerating loan growth when they report earnings in the week ahead, it could signal an easing of the supp...
15 Oct, 2021, 10.53 AM IST
Big tech is coming for banking: Experts predict fintech’s 2020Memorably, in 2019 Mark Zuckerberg defended Facebook Inc.’s plan to overhaul the world banking system in front of Congress. Our experts thi...
24 Dec, 2019, 09.51 AM IST
Singh brothers sell 2.7% stake in Religare for Rs 139.52 crReligare Enterprises' promoters billionaire brothers today sold 2.7 per cent stake in the diversified financial services major worth nearly...
30 Sep, 2013, 08.52 PM IST
Singh brothers sell 6.13% stake in Religare for Rs 322 crBillionaire brothers Malvinder Mohan Singh and Shivinder Mohan Singh today sold 6.13 per cent stake in the diversified financial services m...
19 Sep, 2013, 08.02 PM IST
Religare Enterprises rallies 7% on stake sale to Customers BancorpCustomers Bancorp will buy Religare shares worth $22 mn from the founders through combination of stake sale and issue of share warrants and...
27 Jun, 2013, 11.14 AM IST
Customers Bancorp to buy 6% stake in Religare for $51 mnThe multi-structured deal is part of Religare's attempt to enter the banking fray, under which the promoters have to bring down their stake...
26 Jun, 2013, 09.01 PM IST
- Is Dhanlaxmi Bank headed the merger way?
The 84-year-old Thrissur-based community lender is seeking to raise Rs 200 crore in debt and plans an equity issue in the first quarter.
26 Mar, 2012, 01.23 AM IST
- Dhanlaxmi Bank scraps Rs 290 crore share sale, fails to get nod from US Federal Reserve
Dhanlaxmi Bank has scrapped its Rs 290-crore share sales to funds, as one of the investors, Customers Bancorp Inc, failed to get regulatory...
09 Jul, 2011, 07.06 AM IST
- Dhanlaxmi Bank scraps Rs 290 crore share sale, fails to get nod from US Federal Reserve
Dhanlaxmi Bank, the Thrissur-based private sector lender has scrapped its Rs 290-crore share sales to funds, as one of the investors, Custo...
09 Jul, 2011, 01.45 AM IST
- Dhanlaxmi Bank to raise another Rs 700 cr in next 6 months
Having raised Rs 290 crore of Tier-I capital through a preferential allotment, south-based Dhanlaxmi Bank is planning to raise another Rs 7...
29 May, 2011, 01.01 PM IST
- Banking M&A likely to pick up in coming months
Mergers and acquisitions among banks are expected to continue at a rapid pace amid ongoing financial sector turmoil, but these deals are li...
16 Oct, 2008, 03.36 AM IST
- IndyMac's failure result of lax regulation: Lawmaker
A Democratic senator on Sunday defended himself against claims by regulators that he was partially to blame for a run on IndyMac Bancorp In...
14 Jul, 2008, 01.20 AM IST