financial stability
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Indian SaaS Company Freshworks Shifts Away from Silicon Valley Banks
On March 13, Indian SaaS company Freshworks said that compared with the company\’s entire balance sheet, the current exposure to banks in Silicon Valley is the s
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Bank of First Republic of America faces a steep fall in the stock market
It is reported that the stock market of Bank of First Republic of America fell more than 60%. After Silicon Valley Bank, the bank was also run late last week. E
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Start-ups Choose US Treasuries over SVB Cash Sweep
It is reported that due to concerns about the financial stability of Silicon Valley Bank (SVB), some start-up companies are converting the cash deposited in the
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FOMC Chairman Balkin Undecided on Interest Rate Increase as Inflation Continues
According to reports, on March 11, Balkin, chairman of the FOMC Voting Committee and Richmond Fed in 2024, said in an interview on Friday that he had not made a
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Immutable’s Financial Stability Assured Amidst Reports of Bank Exposure
According to reports, Robbie Ferguson, co-founder of Immutable, tweeted, \”Immutable has no exposure to Silvergate and Silicon Valley Bank (SVB). We hold A $280
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SVB Financial Group’s Plunge and the Growing Concern on its Financial Stability
On March 10, the stock price of SVB Financial Group, the parent company of Silicon Valley Bank, plunged by more than 60% on Thursday, and fell further by nearly
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Bank of England’s Prudential Regulatory Authority (PRA) Plans to Regulate Digital Assets to Ensure Financial Stability
It is reported that Vicky Saporta, Executive Director of Prudential Policy of the Bank of England, said in a speech on Monday that the Prudential Regulatory Au…
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IMF President Calls for Stronger Supervision on Private Cryptocurrencies
According to reports, IMF President Georgieva said that the world should conduct more supervision on private cryptocurrencies. Private cryptocurrencies are not…