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U.S. lawmakers to examine merits of higher FDIC bank deposit insurance cap

Four prominent U.S. lawmakers on banking matters said on Sunday they would consider whether a higher federal insurance limit on bank deposits was...

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Biden calls on Congress to tighten laws to claw back executive pay, levy penalties in bank failures

President Joe Biden called on Congress to give regulators more authority to claw back pay and penalize executives at distressed banks "whose mismanagement...

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Auction process is reportedly underway to find a buyer for Silicon Valley Bank

A sign is posted in front of the Silicon Valley Bank (SVB) headquarters on March 10, 2023 in Santa Clara, California.Justin Sullivan |...

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Silicon Valley Bank is shut down by regulators, FDIC to protect insured deposits

Financial regulators have closed Silicon Valley Bank and taken control of its deposits, the Federal Deposit Insurance Corp. announced Friday, in what is...

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UK Labour leader Starmer slams PM’s Davos no-show, touts new ‘inverse OPEC’ alliance

DAVOS, Switzerland - Jan. 19, 2023: Keir Starmer, leader of the Labour Party, during a CNBC panel session on day three of the...

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How the Federal Reserve affected 2022’s stock market

The Federal Reserve, over its more than centurylong existence, has emerged as a leading force in the stock market.This stature was bolstered by...

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Tech can’t remove all financial risks, crypto regulation needed: BOE

Regulators need to "get on with the job" of bringing the use of crypto technologies within the "regulatory perimeter," says Jon Cunliffe, Bank...

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Europe’s hikers look to carry on as Fed hesitates By Reuters

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Europe’s hikers look to carry on as Fed hesitates By Reuters

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Carvana offers first-quarter guidance, restructures debt

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Europe’s hikers look to carry on as Fed hesitates By Reuters

Carvana offers first-quarter guidance, restructures debt

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